24 E Federal Street, Niles, OH 44446
- $60,000
- 4
- BD
- 2
- BA
- 1,904
- SqFt
- Sold Price
- $60,000
- List Price
- $79,900
- Status
- CLOSED
- Days on Market
- 56
- Closing Date
- Nov 08, 2024
- MLS#
- 5069541
- Subtype
- Residential Income
- Year Built
- 1916
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,904
- Acres
- 0.22
- MLS Area Major
- Niles
Property Description
Looking for an investment opportunity with immediate cash flow? This charming multi-family home in Niles, Ohio, offers both character and potential! The main home boasts beautiful woodwork throughout, featuring a spacious living room, dining room, and kitchen on the first floor. Upstairs, you’ll find three bedrooms with ample closet space, plus a walk-up attic just waiting to be transformed into extra living space. The basement, accessible from inside the home, provides additional storage options. The attached one-bedroom, one-bath unit is currently leased for $500/month, providing a steady income stream. With electric heat and only the water bill shared between the two units, this fixer-upper is a great opportunity for investors or homeowners looking to build equity. Renovate the main home while enjoying rental income—or rent both units for double the cash flow! Don’t miss out on this fantastic property with tons of potential!
Additional Information
- Taxes
- $1,069
- Heating
- Baseboard, Electric, Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt
- Parking Features
- Drive Through, Driveway, No Garage, Unpaved
- School District
- Niles CSD - 7818
Listing Courtesy of: Jessica L Hinerman, jess.hinerman@gmail.com With Century 21 Lakeside Realty
Selling Office: Keller Williams Chervenic Rlty.Mortgage Calculator
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