4511 Tioga Street NW, Canton, OH 44708

$330,000

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Sold Price
$330,000
List Price
$385,000
Status
CLOSED
Days on Market
139
Closing Date
May 29, 2025
MLS#
5093241
Subtype
Commercial Sale
Year Built
1952
Acres
0.27
Subdivision
Grovemiller Rep
Neighborhood
Grovemiller Rep
MLS Area Major
Perry Twp

Property Description

Welcome to 4511 Tioga St NW. a well- maintained six-unit apartment building situated in a convenient and desirable location. This property features six spacious one bedroom, one bathroom unit, with two apartments on each level ensuring privacy and comfort for tenants. Each unit is equipped with its own furnace and hot water tank, allowing tenants to manage their own utilities efficiently. Landlord covers water, sewer, and trash while tenants are responsible for their own gas, and electric, making this property a cost- effective and attractive option for renters. Key Features: * Six one bedroom, one bath units * Tenant- paid gas and electric utilities * Landlord -paid water- sewer and trash * Individual furnaces and water tanks for each unit * Strong rental history with consistent income (current rent roll upon request) *Gross Monthly Rent: $4,100 ($49,200 annualized income) * Offered at 390,000/ 12% Cap Rate This Property offers excellent opportunity for investors seeking a steady income stream with minimal expenses. The building boasts a solid gross rental income and is ready to deliver a strong return. One Unit is currently vacant and can be shown to qualified purchasers Don't miss this chance to add a reliable asset to your portfolio. Contact us today for more details or to schedule a showing.

Additional Information

Taxes
$2,903
Heating
Gas
Air Conditioning
Window Unit(s)
Parking Features
Off Street
School District
Perry LSD Stark- 7614

Listing Courtesy of: Amy L Hoes, amyhoes@gmail.com With EXP Realty, LLC.

Selling Office: Cutler Real Estate.

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