Excellent investment opportunity featuring two well-maintained 4-plex buildings, totaling 8 apartment units. This property is for sale as a package deal with 836 Michigan Ave, they must be purchased together. Each unit offers 2 bedrooms, 1 bathroom, and approximately 900 square feet of living space, with construction dating back to 2006.The property includes 13 parking spaces conveniently located at the rear. Currently, 6 of the units are rented. One unit has been converted into a shared laundry facility for tenants but can easily be reverted back into an additional apartment to maximize rental income. This property is ideally situated within walking distance to Youngstown State University, and even boasts a view of the stadium from the front yard. Enjoy the added benefit of Wick Park just a short walk away. Each unit rents for approximately $1,150 per month. The owner currently pays all utilities. Additional features include a security system for added peace of mind and a storage shed reserved for owner use. Don’t miss this opportunity to own a turnkey multi-family property.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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