44710 Ohio Commercial Properties for Sale

44710 Ohio Commercial Properties for Sale

$107,500
5144283 MLS
Investors! Take note of this money maker to add to your portfolio. At a 7.9% cap rate, this one makes sense. There is one parcel being sold and on that parcel you have a SFR home with 3 bedrooms, 1 bath, and a full basement. This home is currently rented for $850. Then, you have an adjacent duplex which recently became occupied with rent on the lower unit of $625 and the upper unit brings in $575. The lower unit has 1 bedroom, enclosed porch, and access to the full basement with laundry hookups. The upper unit has 2 bedrooms but does not have a laundry option. There is also an attached storefront (approx. 1,500 sq.ft.) which would make a great office space/storage unit and features 2 floors, half bath, and a garage door on one side for storing larger items. In the past, this was used as an office on the second floor and storage on the first floor. All of the hard work is done as the current owner recently rented all 3 units and they are all M2M. The annual income does not include the storefront which makes the investment even more appealing. The tenants pay all utilities. Owner takes care of the lawn, taxes, insurance, and any repairs. Across the street from the SFR, there is ample parking. The SFR has its own parking and there is more on the north side of the storefront if needed. What a great opportunity!

116 Maryland Avenue SW, Canton

Listing Courtesy of: Amy Wengerd, amy@soldbywengerd.com With EXP Realty, LLC.

Selling Office: Keller Williams Legacy Group Realty.

$2,400,000
5027667 MLS
Welcome to this immaculately maintained 48-unit apartment complex designed exclusively for residents aged 55 and above. Situated in a prime location, this property offers a rare investment opportunity in the thriving senior living market. Boasting exceptional cleanliness and upkeep, it presents a turnkey solution for investors seeking a reliable income stream. With very low vacancy rate and turnover, this complex ensures consistent rental income from day one. Residents enjoy the convenience of two spacious laundry rooms equipped with coin-operated washers and dryers. Additionally, a well-appointed community room is available for tenant parties, gatherings, and events, fostering a sense of community and engagement among residents. There is an onsite storage area for tenants to utilize & keep their extra belongings. The building is equipped with security for controlled access to the units & motion detection lights on both sides of the carport area, providing peace of mind to both tenants and investors. The additional RV Garage 40'x40' has double sided 14' & 9' garage doors to drive through & offers electric, water, & floor drains. It's perfect for storage for maintenance equipment &/or additional rental income. Tenants have the option to rent one of the 28 carports, of which 3 have garage doors. The updates in 2023 include a new roof, modern metal fire escape stairs & a new cement pad installed for the dumpster. Investment highlights includes strong rental demand from the 55+ demographic, offering stability and long-term growth potential. Historically low occupancy rates and positive tenant feedback, reflecting the property's desirability and management excellence. Don't miss out on this exceptional opportunity to acquire a meticulously maintained 55+ apartment complex with great investment potential. Schedule a viewing today to experience firsthand the quality and value this property has to offer.

5325 13th Street SW, Canton

Listing Courtesy of: Melissa Steiner, mesteiner79@aol.com With Keller Williams Legacy Group Realty

Selling Office: Non-Member.

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44710 Ohio Commercial Properties

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