UPDATED:
09/30/2024 05:20 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Subdivision Summerdale Avenue/Elm Lodge Park
MLS Listing ID 5044830
HOA Y/N No
Year Built 1981
Annual Tax Amount $12,356
Tax Year 2023
Lot Size 1.332 Acres
Acres 1.332
Property Description
Discover this exceptional investment opportunity featuring two buildings, each with 8 spacious two-bedroom units, totaling 16 units. This property promises comfortable living and excellent income potential.
Unit Features:
Spacious Layout: Each unit offers generous living spaces, including large eat-in kitchens and ample living room areas.
Outdoor Access: All units provide walkouts to either a patio or a balcony, enhancing the living experience.
Climate Control: Each unit is equipped with thermostat-controlled boiler heat and wall-mounted air conditioning units, ensuring year-round comfort.
Common Areas:
Income-Generating Amenities: Each floor features coin-operated laundry facilities, providing additional income potential.
Recent Upgrades:
New Roofs: Both buildings had their roofs replaced in 2023, ensuring long-term durability and reducing maintenance costs.
This property combines modern amenities, spacious living, and reliable income streams, making it a prime investment opportunity. Don't miss out on this great deal!
Location
State OH
County Trumbull
Rooms
Basement None
Interior
Heating Gas, Hot Water, Radiant, Steam
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Coin-operated
Exterior
Garage Paved, Parking Lot
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Commercial,Multi-Family
Parking Type Paved, Parking Lot
Total Parking Spaces 36
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Champion Lsd - 7804
Others
Tax ID 46-194464
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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