$1,400,000
$1,450,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
1.7 Acres Lot
SOLD DATE : 04/10/2025
Key Details
Sold Price $1,400,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5029162
Sold Date 04/10/25
HOA Y/N No
Year Built 1977
Annual Tax Amount $10,778
Tax Year 2023
Lot Size 1.700 Acres
Acres 1.7
Property Sub-Type Apartment
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
Parking Features Carport
Roof Type Composition,Fiberglass,Shingle
Schools
School District Louisville Csd - 7607
Others
Tax ID 03603589
Financing Conventional
Special Listing Condition Standard
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Bought with Non-Member Non-Member • Non-Member