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402 Woodland AVE Elyria, OH 44035
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Key Details
Sold Price $180,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,881 sqft
Price per Sqft $62
Subdivision West/Black River
MLS Listing ID 4360434
Sold Date 05/16/22
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,881
Year Built 1978
Annual Tax Amount $2,336
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Insulated from market volatility is this attractive turn-key investment opportunity for positive cash flow: a fully occupied, three-unit, all-brick triplex with ample parking that grosses $2275 monthly (this is inclusive of the onsite Speedqueen laundry station owned by the landlord and which conveys with the property - 1.75 to dry and 1.25 to wash). Updates ABOUND in this move-in-ready property. Each 1, 2 and 3-Bedroom suite features updated, individual meters for electricity (paid by tenants), and is equipped with individual thermostats and hydronic, radiant baseboard heating. The upstairs 3-Bedroom Suite enjoys an expansive eat-in kitchen with island, an oversized, inviting living room, 3 well-sized bedrooms, a 4' wide hallway and a full bath; carpet and painting finished in 2019. The first floor 1-Bedroom Suite also enjoys newer flooring, painting and bathroom in 2018. The first floor 2-Bedroom Suite features updated flooring, paint and bath in 2019. The Roof was replaced in 2014-5
Location
State OH
County Lorain
Direction South
Rooms
Basement None
Interior
Heating Baseboard, Electric
Cooling Wall Unit(s)
Fireplace No
Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Laundry Common Area
Exterior
Garage No Garage, Paved
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt,Fiberglass
Accessibility None
Building
Lot Description Corner Lot
Faces South
Entry Level Two
Water Public
Level or Stories Two
Schools
School District Elyria Csd - 4706
Others
Tax ID 06-24-026-112-044
Security Features Smoke Detector(s)
Financing Conventional
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Bought with Mathew P Chase • Keller Williams Greater Metropolitan