BEDS2
BATHS1 full
MLS#5205304
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMendelson
SCHOOLElyria City
Property Description
Cash-flowing rental with established tenancy at 508 Furnace St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,200 per month on a month-to-month lease, providing immediate income. The tenant is responsible for all utilities, helping to keep operating expenses low and enhance overall returns. The home offers a functional layout with strong rental appeal and is positioned in an area with consistent demand. A dependable addition to a larger portfolio, this asset contributes steady cash flow within a diversified, income-producing package.
Property Features
Property Type: Residential - Single Family
Cooling: None
Garage: 1
Heating: Other
Home Style: Ranch
Lot Size: 0.11 Acres
Roof Type: Other
Stories: 1.0
Taxes: $1,011 / year
Year Built: 1950
Feature Descriptions
Days on Site: 1
Exterior: Frame, Other
Parcel#: 06-24-052-104-009
Parking: Detached, Garage
Sewer: Other
Water: Other
Local Schools
School District: Elyria City
Listed By / Shown By
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 702.22 per month $587.34 Principal & Interest $84.25 Property Tax $30.63 Homeowner's Insurance
508 Furnace Street | MLS# 5205304
This single family home located at 508 Furnace Street, Elyria, OH 44035 is currently listed for sale with an asking price of $105,000. This property was built in 1950 and has 2 bedrooms and 1 full baths. Furnace Street is located in the Mendelson subdivision within the Elyria City school district. Search Mendelson real estate on www.lydiawalls.com today.