681 Cook Avenue, Boardman, OH 44512

$300,000
8
BD
4
BA
3,456
SqFt

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List Price
$300,000
Status
PENDING
Days on Market
19
MLS#
5235799
Subtype
Residential Income
Year Built
1972
Bedrooms
8
Bathrooms
4
Full Baths
4
Living Area
3,456
Acres
0.11
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 along the Boardman corridor. All 4 units are currently rented at $750 per month, providing $3,000 per month in gross rental income. Each apartment is approximately 750 square feet and features 2 bedrooms, a living room, eat-in kitchen, and full bathroom, giving the building a consistent and functional layout throughout. Tenants are responsible for their own electric, while the owner currently pays gas, water, and trash. The building is heated by boiler heat and also features coin-operated laundry for an additional income stream. Outside, the property offers a carport along with additional parking in the rear for tenants. The brick exterior adds to the building’s classic, low-maintenance appeal. With 8 total bedrooms, 4 full bathrooms, 4 occupied units, $36,000 in current annual gross rental income, and additional coin laundry income, 681 Cook offers an opportunity to acquire an established income-producing multifamily property in Boardman.

Additional Information

Taxes
$4,235
Heating
Gas, Radiator(s)
Air Conditioning
Wall/Window Unit(s)
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Attached Carport
School District
Boardman LSD - 5002

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

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