Description
INVESTMENT OPPORTUNITY IN BOARDMAN! This all-brick 4-unit apartment building is located in the Boardman School District, approximately 1 mile from Sam's Club and the many shopping, dining, and amenities along the Boardman corridor. All 4 units are currently rented at $750 per month, providing $3,000 per month in gross rental income. Each apartment is approximately 750 square feet and features 2 bedrooms, a living room, eat-in kitchen, and full bathroom, giving the building a consistent and functional layout throughout. Tenants are responsible for their own electric, while the owner currently pays gas, water, and trash. The building is heated by boiler heat and also features coin-operated laundry for an additional income stream. Outside, the property offers a carport along with additional parking in the rear for tenants. The brick exterior adds to the building's classic, low-maintenance appeal. With 8 total bedrooms, 4 full bathrooms, 4 occupied units, $36,000 in current annual gross rental income, and additional coin laundry income, 681 Cook offers an opportunity to acquire an established income-producing multifamily property in Boardman.
Details
| MLS # | 5235799 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1972 |
| Days On Site | 25 |
| Listing Provided By | Gonatas Real Estate LLC | Dennis D Gonatas Sr. |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,456 |
| Car Port | Yes |
| Story(s) | 2 |
| Building(s) | 1 |
| Acreage | 0.11 |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Attached Carport |
Taxes
| Tax Annual Amount | 4235 |
|---|
Area Information
| State | OH |
|---|---|
| County | Mahoning |
| City | Boardman |
| Zip Code | 44512 |
| Community Name | Suburban Homesites |
| Listing VS Median (in Suburban Homesites) | |
Price: $300,000 low | high Med: $300,000 sqft: 3,456 low | high Med: 3,456 $ / sqft: $87 low | high Med: $87 On site: 25 low | high Med: 25 | |
Market Activity 44512
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Learn More About This Property
| State | OH |
|---|---|
| County | Mahoning |
| City | Boardman |
| Zip Code | 44512 |
| Community Name | Suburban Homesites |
| Listing VS Median (in Suburban Homesites) | |
Price: $300,000 low | high Med: $300,000 sqft: 3,456 low | high Med: 3,456 $ / sqft: $87 low | high Med: $87 On site: 25 low | high Med: 25 | |