147-167 Shields Road, Boardman, OH 44512
- $1,150,000
- List Price
- $1,150,000
- Status
- ACTIVE
- Days on Market
- 298
- Price Change
- ▼ $50,000 1781755163
- MLS#
- 5171296
- Subtype
- Commercial Sale
- Year Built
- 1970
- Acres
- 1.28
- MLS Area Major
- Boardman Twp
Property Description
Exceptional Multi-Building Investment Opportunity in Boardman Schools! Don’t miss this rare chance to own three brick six-plexes—18 total units—located at 147, 157, and 167 Shields Road. These buildings offer a perfect blend of stability and upside, making them an outstanding addition to any investor’s portfolio. Each building features 4 one-bedroom, one-bath units and 2 studio apartments, providing a balanced mix of layouts that consistently attract tenants. The property is 100% occupied, reflecting its strong rental demand and it is within the Boardman School District. Recent updates include brand-new high-efficiency boilers, new flooring in the common laundry areas, and new coin-operated laundry machines, adding convenience for tenants and steady income for the owner. The complex also boasts ample parking, ensuring easy access and comfort for residents and guests alike. Located just minutes from shopping, dining, schools, and major roadways, this property offers cash flow—a true turnkey investment in a great rental market.
Additional Information
- Taxes
- $12,333
- Zoning
- Multi-Family
- Heating
- Gas, Hot Water, Steam, Zoned
- Air Conditioning
- Ceiling Fan(s), Electric, Wall Unit(s)
- Stories
- 3
- Levels
- Three Or More
- Roof
- Asphalt
- Parking Features
- Additional Parking, Asphalt, Detached Carport, Parking Lot
- School District
- Boardman LSD - 5002
Listing Courtesy of: Dennis D Gonatas Sr., dennis@homesbygonatas.com With Gonatas Real Estate LLC
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