3018,3022,3033 Northgate AVE new Save Request In-Person Tour Request Virtual Tour
Youngstown,OH 44505
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Colonial Heights
MLS Listing ID 5127182
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1957
Annual Tax Amount $3,181
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Apartment
Property Description
This outstanding investment package includes 6 residential rental units contained in 3 duplexes on the same street in charming Liberty Township OH. Each building has two units consisting of one 2/1 and one 3/1 layouts with a CAP rate of 9.5%. All units have been well maintained by the current property management company - Without Worry Property Management which offers management services starting at just 5%. Most of the units have been lightly or fully remodeled over the past 3-5 years. These units are a cash flow machine. All have been Sec 8 approved to maximize potential tenants and rental rates with room for rental increases due to long term tenants. A full 2024 P&L and rent roll are available to view with a signed nondisclosure agreement. There is also a 4th property available on the next street over. It is a 1584 sq. ft. single family ranch with great rental history. Total package price for all 7 units is $650,000 with a cap rate of 9.0%
Location
State OH
County Trumbull
Interior
Heating Forced Air,Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt
Building
Foundation Slab
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Schools
School District Liberty Lsd - 7813
Others
Tax ID 12-072825
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other