5312 Glenwood AVE Pending

Boardman,OH 44512

$ 285000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Valley Streams

MLS Listing ID 5077474

HOA Y/N No

Year Built 1951

Annual Tax Amount $5,694

Tax Year 2023

Lot Size 10,497 Sqft

Acres 0.241

Property Description

Prime Investment Opportunity – Fully Occupied 5-Unit Apartment Building in Boardman, Ohio!

This well-maintained 5-unit apartment building is 100% occupied and offers numerous recent upgrades, making it an excellent investment opportunity. Plenty of room to Increase Rents!!

Key property features include:
Extensive Updates: Fresh exterior paint, new blacktop, gutters, and common area vinyl flooring. Multiple trees removed for easy maintenance. Main sewer line replace in 2024. Vinyl Replacement Windows, Updated Kitchens, New Stainless appliances in unit 5.
Roofing & Carport: Building roof replaced in 2014; carport roof and siding updated in 2019.
Tenant Amenities: Additional storage space in the basement and coin-operated laundry on-site for additional income.

Tenants Pay: Electric, Heat, Water
Owner Pays: Common Electric and Trash

Rent Roll:
Unit 1: $525 | 1 Bedroom | Tenant pays electric, gas, and water.
Unit 2: $595 | 2 Bedrooms | Tenant pays electric, gas, and water.
Unit 3: $625 | 1 Bedroom | Tenant pays electric, gas, and water.
Unit 4: $625 | 2 Bedrooms | Tenant pays electric, gas, and water.
Unit 5: $650 | 1 Bedroom | Tenant pays electric (electric baseboard heat) and water.

This property offers stable cash flow and is an ideal addition to any investor’s portfolio.
Be Sure to View the Virtual Tours of All units and Interior Common area!

Contact us today to schedule a viewing or to request more details!

Location

State OH

County Mahoning

Rooms

Basement Apartment,Partially Finished,Storage Space,Walk-Out Access

Interior

Heating Baseboard,Electric,Gas,Hot Water,Steam

Fireplace No

Laundry Coin-operated

Exterior

Garage Asphalt,Carport,Detached Carport,Driveway

Water Access Desc Public

Roof Type Shingle

Present Use Multi-Family

Parking Type Asphalt,Carport,Detached Carport,Driveway

Total Parking Spaces 5

Building

Foundation Basement

Sewer Public Sewer

Water Public

Schools

School District Boardman Lsd - 5002

Others

Tax ID 29-070-0-036.00-0

Special Listing Condition Standard

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