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409 Gulf RD Elyria, OH 44035
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Key Details
Sold Price $124,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $67
Subdivision Dilworth
MLS Listing ID 5134985
Sold Date 08/26/25
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,824
Year Built 1900
Annual Tax Amount $2,731
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Duplex
Property Description
Great investment opportunity or live in one unit and let the tenant pay a portion of the mortgage. 2 family unit w/ 2 bedroom & 1 bath in each. Upper unit offers rear balcony. Both units mirror images of one another with 15 x 10 living room w/ hardwood flooring, 14 x 11 eat- in kitchen w/ vinyl flooring & stove, 1st bedroom measures 15 x 13 & 2nd bedroom measures 15 x 14 both w/ hardwood flooring for easy maintenance. Updated in past 10 years includes electrical & windows; one hot water tank replaced 2019, bathroom updates and roof & gutters 2023 w/25 year shingles. Spacious lot for additional parking. Conveniently located near schools, stores, restaurants, and easy access to all highways. Price reflects Basement needing work and furnaces are original, but still operable. List price is below recent assessed tax value. Lower unit is currently occupied and on a month to month agreement and may wish to stay, if option is there. Upstairs unit is vacant and ready for showings. Each unit has its own separate entrance to basement and residence. Current tenant takes care of lawn. Front porch accessed from lower unit. Conveniently located near highways, schools, shopping, restaurants, etc. Why pay rent when you can own and still bring in an income?
Location
State OH
County Lorain
Community Medical Service, Playground, Park, Pool, Restaurant, Shopping
Direction West
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Appliance Range, Refrigerator
Laundry In Basement, Lower Level
Exterior
Exterior Feature Balcony, Private Entrance
Parking Features Driveway, Gravel, No Garage, Unpaved
Fence Chain Link, Partial, Privacy, Wood
Pool Community
Community Features Medical Service, Playground, Park, Pool, Restaurant, Shopping
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt,Fiberglass
Accessibility None
Porch Balcony
Private Pool No
Building
Lot Description City Lot, Flat, Level
Faces West
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Elyria Csd - 4706
Others
Tax ID 06-25-038-103-004
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Shawnee Schuller • Howard Hanna