5312 Glenwood Avenue, Boardman, OH 44512

$256,250

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Sold Price
$256,250
List Price
$285,000
Status
CLOSED
Days on Market
46
Closing Date
Nov 27, 2024
MLS#
5077474
Subtype
Commercial Sale
Year Built
1951
Acres
0.24
Subdivision
Valley Streams
Neighborhood
Valley Streams
MLS Area Major
Boardman Twp

Property Description

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!

Additional Information

Taxes
$5,694
Zoning
Multi-Family
Heating
Baseboard, Electric, Gas, Hot Water, Steam
Roof
Shingle
Foundation
Basement
Parking Features
Asphalt, Carport, Detached Carport, Driveway
School District
Boardman LSD - 5002

Listing Courtesy of: John M Wyant, john@steelvalleyhomes.com With Steel Valley Homes

Selling Office: Howard Hanna.

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