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    136 Brunswick Dr Elyria, OH 44035

    For Sale
    $408,000

    Well-maintained, six-unit apartment complex.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity presents a six-unit apartment building located at 136 Brunswick Drive in Elyria, Ohio. The property sits on a 0.37-acre lot and boasts excellent curb appeal. The building comprises five two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. Each unit features spacious bedrooms and living rooms, providing comfortable living spaces for tenants. Individual furnaces, hot water tanks, and central air conditioning units (rooftop) are installed in each unit, ensuring independent climate control and reducing maintenance complexities. Tenant convenience is further enhanced by a coin-operated laundry facility located on the premises. Ample parking is available with a blacktop driveway and parking lot offering twelve parking spaces. Recent improvements include a recoated flat roof, contributing to the building's long-term durability. The building's exterior features a partial brick façade, adding to its aesthetic appeal and structural integrity. Energy efficiency is improved with double-pane windows throughout the building. This well-maintained property presents a strong cash flow potential for investors seeking a stable and profitable multi-family investment in a desirable location. The property is priced at $408,000.

    Property Features for 136 Brunswick Dr

    General Information

    Property type
    Residential income properties
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1975
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Gym & Fitness Accounting Firm Pharmacy Wholesale Shop Bar & Pub Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.15611
    Latitude
    41.35965

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    FAQs

    What type of property is this?
    Residential income property - Well-maintained, six-unit apartment complex.
    Where is this residential income property located?
    The property is located at 136 Brunswick Dr Elyria, OH.
    What is the asking price?
    The asking price for this property is $408,000.
    (440) 572-1200
    Request Owner's contact information
    136 Brunswick Dr Elyria, OH 44035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    136 Brunswick Dr Elyria, OH 44035
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