839 34th St NW - Apartments FOR SALE


Canton, OH 44709- Edgefield
$549,900 USD
440-567-8047
839 34th St NW, Canton, OH for Sale
$549,900 USD
Apartments - FOR SALE
1/31
null | 9.32% Cap Rate

839 34th St NW
Canton, OH 44709
Edgefield


HIGHLIGHTS

  • 8 APARTMENTS
  • SEPARATE ELECTRIC METERS AND FURNACES FOR EACH UNIT
  • 1 BED 1 BATH UNITS
  • QUIET STREET
  • MINUTES TO MALONE UNIVERSITY, WALSH UNIVERSITY AND THE PRO FOOTBALL HALL OF FAME
  • MINUTES TO MALONE UNIVERSITY, WALSH UNIVERSITY AND THE PRO FOOTBALL HALL OF FAME

OVERVIEW

Weclome to this turnkey 8 unit apartment building in an excellent location only 7 minutes from the Pro Football Hall of Fame and within close distance to shopping and Malone University! The property is all brick and has been meticulously maintained with over $150,000 in recent capital improvements inclding: vinyl windows, seperate furnaces and electric meters for each unit, front and back steps/ramp, H2O tank, main sewer line from building, some fully renovated units down to studs and more! All units are occupied except 1, which is rent ready, to allow for showings. Each unit offers 1 bed and 1 bath, with nice size kithcens and livingrooms. Seperately metered electric allowing the tenants to pay for electric. Tenants reimburse for water/sewer monthly. Large basement that shows well with on-site coin operate laundry for additional income. Huge opportunity for new ownership to increase revenue by bringing rents to market rates. The property sits on 2 large parcels with ample off street parking in the back. Parcel #303363 and #303364. Professionally managed with Offering Memornadum, P&L, rent roll and list of capital improvements available for review to qualified buyers. Huge return on investment with little to no near term maintenace needs!

FOR SALE DETAILS

PRICE

$549,900 USD

PRICE/SF

$98 USD /SF

# OF UNITS

8

PRICE/UNIT

$68,738

CAP RATE

9.32%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

00303363

ASK ABOUT THIS PROPERTY

Anthony TakacsCentury 21 HomeStarMore Info
440-567-8047

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Anthony TakacsCentury 21 HomeStarMore Info
440-567-8047

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