Remarks

Prime Investment Opportunity – Fully Occupied 5-Unit Apartment Building in Boardman, Ohio!

This well-maintained 5-unit apartment building is 100% occupied and offers numerous recent upgrades, making it an excellent investment opportunity. Plenty of room to Increase Rents!!

Key property features include:
Extensive Updates: Fresh exterior paint, new blacktop, gutters, and common area vinyl flooring. Multiple trees removed for easy maintenance. Main sewer line replace in 2024. Vinyl Replacement Windows, Updated Kitchens, New Stainless appliances in unit 5.
Roofing & Carport: Building roof replaced in 2014; carport roof and siding updated in 2019.
Tenant Amenities: Additional storage space in the basement and coin-operated laundry on-site for additional income.

Tenants Pay: Electric, Heat, Water
Owner Pays: Common Electric and Trash

Rent Roll:
Unit 1: $525 | 1 Bedroom | Tenant pays electric, gas, and water.
Unit 2: $595 | 2 Bedrooms | Tenant pays electric, gas, and water.
Unit 3: $625 | 1 Bedroom | Tenant pays electric, gas, and water.
Unit 4: $625 | 2 Bedrooms | Tenant pays electric, gas, and water.
Unit 5: $650 | 1 Bedroom | Tenant pays electric (electric baseboard heat) and water.

This property offers stable cash flow and is an ideal addition to any investor’s portfolio.
Be Sure to View the Virtual Tours of All units and Interior Common area!

Contact us today to schedule a viewing or to request more details!

Details

MLS#: 5077474
Price: $285,000

Style: Apartment
Sq Ft: 0
Year Built: 1951

County: Mahoning
Subdivision: Valley Streams
Tax Fee: 5694

School District: Boardman LSD - 5002