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$240000 $3890 Rents. Fully Renovated 6-Plex Building! Turn-Key 6 Plex! (Boardman Ohio)

1234

0BR / 6Ba available aug 9

apartment
laundry in bldg
off-street parking

Fully Renovated Building, 6-Plex in Boardman, Ohio. If you're looking for a turn-key investment, you've found it. Upgrades include new flat roof (April 2017), new windows, wall AC units, bathrooms, kitchens, cabinets, interior doors, flooring, stainless steel appliances, Includes laundry machines and low maintenance landscaping. Monthly gross rents: $3,890 Annual gross rents: $46,680 Cap Rate: 9.7% Rent to Value Ratio 1.62. Buyer to cooperate with seller's 1031. This Boardman location is perfectly positioned to take advantage of the Youngstown State University continued expansion and economic rebound in the Rust Belt. Looking to increase even more Net Operating Income,just bill back utilities! We will even help you set this up! Opportunities like this are truly a once in a lifetime.

**Google is also moving to the area for their first Compass Experiment.**

Price $150,000
Bedrooms: 10
Bathrooms: 6
Type: 6-plex


FAQ’s

What kind of offers will you accept?
We will accept cash and strong financing offers. Due to call volume on these buildings, anything outside the box will not be accepted.

What are the rents collected per month?
$3890.00

Are the units rented?
Yes, they are 100% rented.

What is the cap rate?
10%

Any large anchors in the area?
Yes, Youngstown State University and the new Google Compass project.

Call for more details.


Contact Agent for More Details
Steel Valley Homes
Broker: John Wyant
Phone: show contact info

turnkey rental properties for sale
  • do NOT contact me with unsolicited services or offers

post id: 6952884430

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