907 1st St. NE, Massillon, OH 44646

$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

Virtual Tour

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.

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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

Listing data is deemed reliable but is NOT guaranteed accurate.

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