$334,500

About this home

Excellent investment opportunity featuring two well-maintained 4-plex buildings, totaling 8 apartment units. This property is for sale as a package deal with 832 Michigan Ave, they must be purchased together. Each unit offers 2 bedrooms, 1 bathroom, and approximately 900 square feet of living space, with construction dating back to 2006.The property includes 13 parking spaces conveniently located at the rear. Currently, 6 of the units are rented. One unit has been converted into a shared laundry facility for tenants but can easily be reverted back into an additional apartment to maximize rental income. This property is ideally situated within walking distance to Youngstown State University, and even boasts a view of the stadium from the front yard. Enjoy the added benefit of Wick Park just a short walk away. Each unit rents for approximately $1,150 per month. The owner currently pays all utilities. Additional features include a security system for added peace of mind and a storage shed reserved for owner use. Don’t miss this opportunity to own a turnkey multi-family property.

Property details

MLS #

5198731

Property type

Quadruplex

Subdivision

City/Youngstown

Status

Active

Days on market

76

On market date

N/A

Stories

2

Garage spaces

N/A

Lot size

0.172 acres

Nearby schools

Within 10 miles · public school directory data (NCES)