Primary listing photo

508 Furnace St, Elyria, OH, 44035

2beds
1baths
--sqft
$105,000
--price/sqft
$904/moest. monthly cost
$36,160/yrincome needed

About This Home

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.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

4/10
Ely Elementary SchoolGrades K-40.9 mi
5/10
Northwood Middle SchoolGrades 5-82.0 mi
3/10
Elyria High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Other
  • Construction materials: Frame,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Property

Details

  • Parcel number: 0624052104009
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,791 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1