UPDATED:
11/04/2024 05:53 PM
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
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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