907 1st St. NE, Massillon, OH 44646

14 Photos
907-915 1st St. NE
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$224,850 List Price
Off Market
 
Listing ID 10573184
Property Type Multi-Unit (5+)
County Stark
Tax ID 10003401
FEMA Flood Map fema.gov/portal
Year Built 1932
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Townhouse style 5 unit For Sale!

This 5 unit building is set up with townhouse-style units. Each unit has 2 bedrooms and 1 full bath. All units currently occupied. Currently has 3 units rented at $495 and 2 units rented at $510. 2 units pay $25 additional per month because they have pets. Rent raises take effect 1 March 2019 at which point 3 units will be at $505 and 2 units will be at $515. All units are currently occupied. NOI for 2018 was $16954.53. Owner pays sewer and trash. Off street parking is in the back of the building. Pictures are from times when a unit was empty.
Property Details
  • 5 Full Baths
  • 5208 SF
  • Built in 1932
  • 2 Stories
  • Available 1/28/2019
Unit Information
Unit #1 – Rent Price: 495, Bedrooms: 2, Full Baths: 1, Occupied
Unit #2 – Rent Price: 495, Bedrooms: 2, Full Baths: 1, Occupied
Unit #3 – Rent Price: 495, Bedrooms: 2, Full Baths: 1, Occupied
Unit #4 – Rent Price: 510, Bedrooms: 2, Full Baths: 1, Occupied
Unit #5 – Rent Price: 510, Bedrooms: 2, Full Baths: 1, Occupied
Interior Features
  • Forced Air
  • Gas Fuel
Commercial Info
  • 4% Cap. Rate
Income/Expenses
  • Gross Income $29,404
  • Net Income $16,955
  • Operating Exp $12,449
  • Paid by Landlord: Insurance, Ord. Maint., Struct. Maint., Ground Maint.
Previously Listed By
Candace Hlinka
Clear Sky Realty
Office: 330-455-4663
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