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Size: 0.96 Acres
Home: 5 beds - 4 full baths - 1,576 Sq Ft

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MULTI_FAMILY - Tallmadge, OH

4-unit investment property, gross projected rent over $40,000 in a peaceful, highly sought-after area of Tallmadge. The two home property is situated on 1.6 acres; featuring a 1 bed / 1 bath house and a triplex. At full occupancy, this property is an amazing ash-flowing investment with room to grow. The rental breakdown includes a 1 bed, 1 bath house rented for $625/month; a 2 bed, 1 bath unit in the triplex potential rent at $1200/month; a studio renting for $650/month; and a 1 bed, 1 bath unit that is rented $965. All tenants are on month-to-month leases, allowing flexibility for adjustments or rent increases. With the final unit leased and rents brought up to market value, there's significant upside potential. The owner self-manages and bills back water, gas, and electric for the house, while covering all utilities for the triplex for tenant convenience. The property has been well mai...

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HomeSmart Real Estate Momentum LLC

License #2020005904

Mentor, OH

(330) 541-6918

Austin Assad

HomeSmart Real Estate Momentum LLC
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Is this your property? Sell it faster with premium placement and targeted ads.