Property photo 1
4 photos
ActiveMLS# 52554172 days on market

$215,000

2584-2586 Meloy Road

Ravenna, OH 44240

4 BD|2 BA|1,872 SQFT|$114.85/sqft

About This Property

Excellent Investment Opportunity in Brimfield Township! Don’t miss your chance to own this ranch-style duplex on desirable Meloy Road, where duplexes rarely become available for sale! This property offers an excellent opportunity for investors looking to generate rental income from both units. Each side features 2 bedrooms, 1 full bathroom, a dine-in kitchen with appliances, in-unit laundry, and a one-car attached garage. Recent updates include new kitchens and appliances, a newer water softener and water pressure tank, and newer toilets. Both units are currently occupied with year-long leases in place. One tenant is PMHA, while the other is a great long-term tenant with a strong rental history who also mows the lawn for both sides of the duplex and has converted the garage into additional living space. Tenants are responsible for electricity and garbage pickup, while the owner currently pays city sewer and salt for the water softener. With both units occupied, established tenant arrangements, and several recent updates, this property offers an attractive opportunity to expand your real estate investment portfolio. Investment opportunities like this on Meloy Road are hard to find! Don’t miss your chance to own this Brimfield Township duplex and add an income-producing property to your portfolio. Can be sold together with property at 2590-2592 Meloy Rd. See MLS 5255421.

Property Details

Property TypeSingle Family
Year Built1979
Lot Size44,431 sqft
Stories1
Garage1 car
Price / Sqft$114.85
Days on Market2
MLS Number5255417

Noreen Kaseda

Sales Associate

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Est. Monthly Payment

$1,293

P&I: $1,087 | Tax: $152 | Insurance: $54

$215,000
%
%
Loan Amount$172,000
Down Payment$43,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

2584-2586 Meloy Road, Ravenna, OH 44240

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