$116,500
$124,900
6.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,660 SqFt
SOLD DATE : 10/24/2022
Key Details
Sold Price $116,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,660 sqft
Price per Sqft $70
Subdivision Canton
MLS Listing ID 4404530
Sold Date 10/24/22
Bedrooms 4
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 1,660
Year Built 1919
Annual Tax Amount $1,261
Lot Size 5,357 Sqft
Acres 0.123
Property Sub-Type Quadruplex
Property Description
Calling all investors! Do you want to start building wealth through passive income, or add another property to your existing real estate portfolio? Then look no further. Check out this cash-flowing 4-unit property in Canton, right off Cleveland Ave near Malone University with easy access to I-77 and US-62. Currently 100% occupied and generating $18,600 per year in gross revenue (with room to grow!) 3 tenants are month-to-month ($350, $350, and $400). They've been there 9 years, 9 years, and 2 years. 1 tenant just signed a 1-year lease for $450. Each unit has 1 bedroom and 1 bathroom. All kitchen refrigerators and ranges stay with the property. There is a large parking lot in the back (3 parcels total included in sale). There is also 2-car garage and basement that could be rented out for additional income. Don't miss out on this great opportunity!
Location
State OH
County Stark
Direction North
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Laundry None
Exterior
Parking Features Attached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Faces North
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Canton Csd - 7602
Others
Tax ID 00200498
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Shawna Byer • Icon Property Mangement