Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
N/A
Investors! Take note of this money maker to add to your portfolio. At a 7.9% cap rate, this one makes sense. There is one parcel being sold and on that parcel you have a SFR home with 3 bedrooms, 1 bath, and a full basement. This home is currently rented for $850. Then, you have an adjacent duplex which recently became occupied with rent on the lower unit of $625 and the upper unit brings in $575. The lower unit has 1 bedroom, enclosed porch, and access to the full basement with laundry hookups. The upper unit has 2 bedrooms but does not have a laundry option. There is also an attached storefront (approx. 1,500 sq.ft.) which would make a great office space/storage unit and features 2 floors, half bath, and a garage door on one side for storing larger items. In the past, this was used as an office on the second floor and storage on the first floor. All of the hard work is done as the current owner recently rented all 3 units and they are all M2M. The annual income does not include the storefront which makes the investment even more appealing. The tenants pay all utilities. Owner takes care of the lawn, taxes, insurance, and any repairs. Across the street from the SFR, there is ample parking. The SFR has its own parking and there is more on the north side of the storefront if needed. What a great opportunity!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
No Garage
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.0746
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$129,900
-
Tax Amount
1275.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Canton CSD - 7602
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Stark
Elementary School
Canton CSD - 7602
Middle School
High School
Listing Courtesy of Amy Wengerd , EXP Realty, LLC.
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