674 Cook Avenue, Boardman, OH 44512

$300,000
8
BD
4
BA

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List Price
$300,000
Status
PENDING
Days on Market
18
MLS#
5235798
Subtype
Residential Income
Year Built
1979
Bedrooms
8
Bathrooms
4
Full Baths
4
Acres
0.16
Subdivision
Suburban Homesites
Neighborhood
Suburban Homesites
MLS Area Major
Boardman Twp

Property 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 throughout the Boardman area. All 4 units are currently rented, with three units renting for $750 per month and one unit renting for $775 per month, providing a combined $3,025 per month in current gross rental income — $36,300 annually. Each apartment is approximately 800 square feet and features 2 bedrooms, a living room, eat-in kitchen, and full bathroom, providing a consistent and functional layout throughout the building. Tenants pay their own electric, while the owner currently pays gas, water, and trash. The building features boiler heat along with coin-operated laundry that provides an additional income stream. Outside, the brick building offers a carport and additional parking in the rear for tenants. With 8 total bedrooms, 4 full bathrooms, four occupied units, $36,300 in current annual gross rental income, and additional coin laundry income, 674 Cook offers an opportunity to acquire an established income-producing multifamily property in Boardman.

Additional Information

Taxes
$4,965
Heating
Baseboard
Air Conditioning
Wall/Window Unit(s)
Stories
2
Levels
Two
Roof
Asbestos Shingle
Parking Features
Assigned
School District
Boardman LSD - 5002

Listing Courtesy of: Dennis D Gonatas Sr., dennis@homesbygonatas.com With Gonatas Real Estate LLC

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