5020 Forest Park Place, Boardman, OH 44512

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Sold Price
$430,000
List Price
$500,000
Status
CLOSED
Days on Market
194
Closing Date
Aug 27, 2025
MLS#
5100566
Subtype
Commercial Sale
Year Built
1966
Acres
0.69
Subdivision
Forest Park
Neighborhood
Forest Park
MLS Area Major
Boardman Twp

Property Description

Investment Opportunity in Boardman – FULLY RENTED - Solid Brick 6-Plex with Carports! This well-maintained multi-family property offers six, 2-bedroom/ 1 bathroom units, each equipped with a stove, refrigerator, and wall air conditioner. Every unit features its own furnace and hot water tank, allowing for independent utility management. Tenants will appreciate the convenience of in-unit laundry hookups and the 6-car carport, providing one covered parking space for each unit. 4 sets of washers and dryers will convey. Each tenant pays their own gas and electric, while the owner covers water, sewer, trash, and common area electric. In the last 4 years, three new furnaces and one hot water tank have been replaced. Conveniently located near shopping, dining, and major roadways, this property offers strong rental potential. Not to mention, it is right along the WRTA bus route. Don’t miss this fantastic investment opportunity! (Interior photos were taken by owners prior to tenant moving in) Call today for more information or to schedule a showing.

Additional Information

Taxes
$7,231
Heating
Forced Air, Gas
Air Conditioning
Wall Unit(s)
Parking Features
Carport
School District
Boardman LSD - 5002

Listing Courtesy of: Valerie J Park, valerieparkrealtor@gmail.com With CENTURY 21 Lakeside Realty

Selling Office: CENTURY 21 Lakeside Realty.

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