208 Park Ave SW - Apartments FOR SALE


Canton, OH 44706
$144,000 USD
440-526-9400
208 Park Ave SW, Canton, OH for Sale
$144,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

208 Park Ave SW
Canton, OH 44706


HIGHLIGHTS

  • Income generating / fully occupied duplex
  • Grossing $1,950 per month in rental income
  • Current Cap Rate - 10%+
  • Recently updated - newer vinyl plank flooring & carpet, fresh paint throughout

OVERVIEW

Investor's Dream! This occupied Canton property is a fantastic opportunity to add a high-performing duplex to your portfolio. Recently updated and leased for $1950 ($975 per unit), this property boasts an impressive 10%+ cap rate with strong cash flow potential. One tenant is currently month to month and the second expires in August 2025. Updates include newer vinyl plank and carpet as well as fresh paint throughout. Enjoy a hands-off investment with a turnkey rental that’s already generating income. Don’t miss this opportunity! *Can be purchased with 1432 Louisiana Ave Nw, Canton, OH 44703, 1636 Gibbs Ave Ne, Canton, OH 44705 & 316 Young Ave Ne, Canton, OH 44704.

FOR SALE DETAILS

PRICE

$144,000 USD

PRICE/SF

$63 USD /SF

# OF UNITS

2

PRICE/UNIT

$72,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,490 SF

ZONING

-

APN/PARCEL ID

00237886

ASK ABOUT THIS PROPERTY

Ted ShoafRussell Real Estate ServicesMore Info
440-526-9400

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Ted ShoafRussell Real Estate ServicesMore Info
440-526-9400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.