508 Furnace Street, Elyria, OH 44035

Elyria
Local realty services provided by:ERA Real Solutions Realty
508 Furnace Street,Elyria, OH 44035
$111,750
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: tal tamir, benjamin peleg
Office: russell real estate services
MLS#:5205304
Source:OH_NORMLS

Price summary

  • Price:$111,750

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. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

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Home facts

  • Year built:1950
  • Subdivision & Development:Mendelson
  • Listing ID #:5205304
  • Added:110 day(s) ago
  • Updated:August 18, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:4

Structure and exterior

  • Year built:1950
  • Lot area:0.11 Acres
  • Architectural Style:Ranch
  • Levels:1 Story

Finances and disclosures

  • Price:$111,750
  • Tax amount:$1,011 (2025)

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:1
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