508 Furnace ST, Elyria, OH 44035
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Mike Ferrante

Mike Ferrante

+1(216) 373-7727
$ 105,000
Est. payment | /mo

2 Beds

1 Bath

4,791 Sqft Lot

Save
$ 105,000
Est. payment | /mo
Save

2 Beds

1 Bath

4,791 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Mendelson

MLS Listing ID 5205304

Style Ranch

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $1,011

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

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.

Location

State OH

County Lorain

Rooms

Main Level Bedrooms 2

Interior

Heating Other

Cooling None

Fireplace No

Exterior

Parking Features Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Other

Roof Type Other

Private Pool No

Building

Sewer Other

Water Other

Architectural Style Ranch

Level or Stories One

Schools

School District Elyria Csd - 4706

Others

Tax ID 06-24-052-104-009

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687

Schools and Properties Nearby

Mike Ferrante
Mike Ferrante

Broker Associate

+1(216) 373-7727 | mike@21mike.com

Learn More About LPT Realty

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508 Furnace ST