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316 4th Street, Elyria, OH 44035

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For Sale
Sale Pending

$145,000

6 beds • 2 baths • 2,454 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $59.09
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Discover this spacious duplex offering a blend of historic charm and mechanical updates, perfect for both investors and homeowners seeking rental income. You ll love the charming details like wooden French doors that open to a balcony, allowing natural light to flood in, and the decorative leaded windows that add a touch of timeless elegance. Beautiful porch brackets and architectural details make this property stand out. Property is located in the Elyria historical District. Each unit features 1,227 sq ft of living space with high ceilings, including a large kitchen, a cozy living room with original hardwood flooring, a formal dining room, THREE bedrooms, and a full bath. The shared full basement provides ample space for tenants storage and laundry needs.. There is a laundry hookup in the lower unit as well. The property is equipped with two newer hot water tanks, installed recently in 2020. One of the units will soon be vacant, making it ideal for an owner-occupant or for securing new tenants at updated market rates. Recent rents were $800 and $1,125 per unit.
MLS# 5080861

Courtesy Of KW Living

(440) 318-1620

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    None
  • Exterior Type
    Wood Siding
  • Lot Size
    0.06 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 316 4th Street, Elyria, OH 44035

Home seller CENTURY 21 DePiero & Associates, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 DePiero & Associates, Inc.

(440) 842-7010
Learn More About Us

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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