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$ 1,450,000
Est. payment | /mo
1.7 Acres Lot
$ 1,450,000
Est. payment | /mo
1.7 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5029162
HOA Y/N No
Year Built 1977
Annual Tax Amount $10,778
Tax Year 2023
Lot Size 1.700 Acres
Acres 1.7
Property Description
Welcome to this lucrative investment opportunity in a thriving community! This well-maintained 18-unit townhouse-style apartment building offers a rare chance to own a profitable property where tenants cover all expenses. Each unit features the convenience of assigned covered parking, ensuring tenants’ vehicles are protected year-round. The spacious townhouse layout provides residents with a comfortable living space, making it an attractive option for renters. With an average rent of $740 per unit, this property offers a stable income stream. Its prime location adds to its appeal, providing easy access to local amenities and transportation. Gross monthly rent is $13,300 and monthly expenses are $2,236. All units are occupied and tenants are current.
Location
State OH
County Stark
Interior
Heating Electric, Forced Air, Gas, Heat Pump
Fireplace No
Exterior
Garage Carport
Roof Type Composition,Fiberglass,Shingle
Schools
School District Louisville Csd - 7607
Others
Tax ID 03603589
Special Listing Condition Standard
Listed by Richard S Stone • Century 21 Homestar • richard@rocksolidhousing.com 216-282-6688
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Shakita Mcbride
Agent | License ID: 2022001025