MLS Listings for Sale in Elyria, OH

MLS Listings for Sale in Elyria, OH

This fully occupied, professionally managed 3-property single-family portfolio in Lorain and Elyria is cash-flowing at an 8.78% cap rate, with a 12.37% cash-on-cash return and a 1.5 DSCR at 75% LTV. It generates $4,070/month ($48,480 annually) with a current NOI of $32,927. Tenants pay all utilities, and there are no Section 8 tenants. ARV is estimated near $500,000 based on single-family comps, offering over $150,000 in potential equity through resale. Recent updates include new hot water tanks and furnaces at 509 Lake and 1872 E 30th, a new roof and sewer line repairs at 509 Lake, full interior renovation at 1415 W 20th, and additional upgrades at 1872 E 30th. All major capital work has b

MLS Listings for Sale in Elyria, OH

A 3-bedroom 2-full bath home with updated kitchen featuring granite countertops and stainless-steel kitchen appliance being left for new owner! New roof installed in 2021. Property features spacious backyard with detached 2-car garage at rear of property with street access from street behind property. house does have AC hook-up, however unit is broken and will need replaced.   house is conveniently located within a short drive from Route 2, I-90, and the turnpike for any traveling needs.

MLS Listings for Sale in Elyria, OH

Located in a neighborhood few even know exists. Quiet streets, low traffic, very close to shopping and highways, conveniently located between Elyria and Lorain. This amazing bi-level has been remodeled throughout with a multi=level front deck off the driveway and a two car attached built in garage. The home has been remodeled with all new resilient vinyl flooring throughout, a new kitchen remodel with new counter tops, sink, and faucet, includes all major appliances. Both bathrooms have been updated with new flooring, counter tops, and fixtures. A large lower level family room is easily divided to serve many functions including home office, game room, tv or whatever your lifestyle requires.

MLS Listings for Sale in Elyria, OH

Why rent when you can own your own home? This 2-bedroom, 2-bath ranch-style home features an open floor plan and is part of a well-kept community. With very affordable taxes and lot fees, it’s a smart investment that doesn’t sacrifice comfort. Residents enjoy access to a community pool, playground, and monthly neighborhood events, making it easy to relax or connect with others. Conveniently located near highways and shopping, this home offers both value and lifestyle in a great location.