$139,900

116 Maryland Avenue Sw , Canton, OH 44710

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:0.07
Year Built:1920
Listing Status:Active

Listing Agent

Amy Wengerd
http://www.ExpRealty.com
Loan Amount:
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Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

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!

Detailed Items

Other Information

116 Maryland Avenue Sw, Canton, OH, 44710 is a commercial sale listing of 0 sqft on a lot of 0.07. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property116 Maryland Avenue Sw, Canton, OH
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