Five-unit brick apartment building is fully rented, and offers off street parking in the rear. Convenient location for tenants, and on bus route. Each of the four lower units features living room, galley style kitchen, dining area, two bedrooms, and full bath. The large upstairs apartment offers three to four bedrooms. Full basement with access to utilities. Gas boiler was replaced in 2014. Nice historical building with a lot to offer! Current gross rent is $33,600 per year. Owner pays water/sewer/trash ($150/mo.), electric ($413/mo.), and gas ($224/mo.) Taxes are $2,459.46 per year. Building could use some updating, but still a great return on your money. If you’re looking to add cash to your investment portfolio, don’t miss this opportunity. Call Jon Ward at 330-936-3119 if you have any questions.
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Real Estate Terms
15% down auction day, balance due at closing. A 10% Buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.