Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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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
Exterior: Frame, Other
Parcel#: 06-24-052-104-009
Parking: Detached, Garage
Sewer: Other
Water: Other
Local Schools
School District: Elyria City
Estimate Your Payment
Estimated Payment
$ 648.58 per month $533.70 Principal & Interest $84.25 Property Tax $30.63 Homeowner's InsuranceChange Payment Information
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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.leahackerman.com today.