Remarks

Welcome to this lucrative investment opportunity in a thriving community! This well-maintained 18-unit townhouse-style apartment building offers a rare chance to own a profitable property where tenants cover all expenses. Each unit features the convenience of assigned covered parking, ensuring tenants’ vehicles are protected year-round. The spacious townhouse layout provides residents with a comfortable living space, making it an attractive option for renters. With an average rent of $740 per unit, this property offers a stable income stream. Its prime location adds to its appeal, providing easy access to local amenities and transportation. Gross monthly rent is $13,300 and monthly expenses are $2,236. All units are occupied and tenants are current.

Details

MLS#: 5029162
Price: $1,500,000

Style: Apartment
Sq Ft: 0
Year Built: 1977

County: Stark
Tax Fee: 10778

School District: Louisville CSD - 7607