Property
Beds
6
Full Baths
3
1/2 Baths
None
Year Built
1924
Sq.Footage
0
Cash-flow opportunity with strong upside! This brick four-unit property consists of three 2-bedroom apartments in the main building plus a separate 2-bedroom apartment above the detached garage. At projected market rents of approximately $800 per month per unit, the property has the potential to generate $3,200 per month in gross rental income ($38,400 annually). All utilities are separately metered and paid by tenants, minimizing owner expenses and maximizing income potential. The main building requires only minor drywall repairs and cosmetic updates in most areas. The detached garage apartment needs a new roof and additional improvements, creating an opportunity for investors to add value and increase returns. With a projected GRM under 4 at the current asking price, this property offers an attractive combination of current value, future cash flow, and appreciation potential. The solid brick construction, four 2-bedroom units, and separate utilities make this an excellent addition to an investment portfolio. Property is being sold as-is.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
3
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick, Vinyl Siding
-
Parking
Concrete, Detached, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.181
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$149,000
-
Tax Amount
$791
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Youngstown CSD - 5014
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Mahoning
Elementary School
Youngstown CSD - 5014
Middle School
High School
Listing Courtesy of Roger A Collins , Zamarelli Realty, LLC
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AGENT
Bev Daugherty
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