For Sale
$62,500

309 Broad StElyria, OH 44035

Two-unit duplex, remodel underway, great location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This charming two-unit duplex located at 309 E Broad St, Elyria, OH 44035 presents a unique investment opportunity. Built in 1900, this 1,559 square foot property sits on a 0.16-acre lot and is a two-story building. The asking price is $62,500, translating to a land value of $40.09 per square foot. The property features a one-car garage. A significant portion of the interior remodel has already been started, leaving the space ready for a buyer to complete the project to their specifications. This could include restoring the property to a three-bedroom configuration. Recent improvements include a new roof, gutters, and downspouts installed within the last 60 days. While some windows are original, others have been replaced. The property's convenient location places it within easy reach of the local hospital, offering potential for strong rental demand. The Lorain County property's APN is 06-25-070-104-002. This property offers a blend of potential and existing improvements, making it an attractive prospect for investors seeking a hands-on project with significant upside.

Property Details for 309 Broad St

Property type
Apartment buildings
Square Feet
1,559 SF
Year Built
1900
Stories
2
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Elyria
County
Lorain
State
Ohio
Latitude
41.3672058
Longitude
-82.091392
309 Broad St, Elyria, Ohio

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309 Broad St
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