Pending
$214,900
bedrooms
5
bathrooms
3
square feet
2,266
Acreage
0.15
Open Houses
-
year built
1900
Full Baths
3
Half Baths
0
Prime Triplex Investment Opportunity in Elyria, OH – Grossing Nearly $4K/Month!
Unlock the potential of this well-maintained triplex in the heart of Elyria, OH! Whether you're an investor looking for steady cash flow or a homeowner seeking rental income, this property delivers with three fully rented units generating nearly $4,000 per month.
Property Breakdown:
1st Floor Unit: 2 bed, 1 bath – Long-term tenant on a month-to-month lease at $1,000/month (tenant pays electric & gas).
2nd Floor Unit: 2 bed, 1 bath – Active Airbnb rental.
3rd Floor Unit: 1 bed, 1 bath – Also an Airbnb rental.
Airbnb Earnings: The 2nd and 3rd-floor units generate approximately $2,700/month combined.
Key Updates & Features:
New furnace installed (March 2020)
Stack replacement (February 2023)
First-floor water heater replaced (November 2016)
Third-floor water heater manufactured in December 2011
Far-right garage door springs repaired (March 2025)
2nd and 3rd-floor units recently updated
This property boasts a strong rental history, recent improvements, and a solid foundation for long-term income generation. Don't miss this opportunity to own a turnkey investment in a desirable rental market!
Schedule your showing today!
| Location | |
| Subdivision | Eastern Heights Land Companys 01 |
| County | Lorain |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 5104764
Listing agent:
Mark W Gepperth
#427039
Listing broker:
Keller Williams Citywide
(440) 892-2211
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 22 2025 at 3:27 p.m. EDT
Kotohomes National