Remarks

Welcome to 4511 Tioga St NW. a well- maintained six-unit apartment building situated in a convenient and desirable location. This property features six spacious one bedroom, one bathroom unit, with two apartments on each level ensuring privacy and comfort for tenants.
Each unit is equipped with its own furnace and hot water tank, allowing tenants to manage their own utilities efficiently. Landlord covers water, sewer, and trash while tenants are responsible for their own gas, and electric, making this property a cost- effective and attractive option for renters.
Key Features:
* Six one bedroom, one bath units
* Tenant- paid gas and electric utilities
* Landlord -paid water- sewer and trash
* Individual furnaces and water tanks for each unit
* Strong rental history with consistent income (current rent roll upon request)
*Gross Monthly Rent:
$4,100 ($49,200 annualized income)
* Offered at 390,000/ 12% Cap Rate
This Property offers excellent opportunity for investors seeking a steady income stream with minimal expenses. The building boasts a solid gross rental income and is ready to deliver a strong return. One Unit is currently vacant and can be shown to qualified purchasers
Don't miss this chance to add a reliable asset to your portfolio. Contact us today for more details or to schedule a showing.

Details

MLS#: 5093241
Price: $390,000

Style: Apartment
Sq Ft: 0
Year Built: 1952

County: Stark
Subdivision: Grovemiller Rep
Tax Fee: 2903

School District: Perry LSD Stark- 7614