3023 FREDERICK DRIVE, YOUNGSTOWN, OH 44505

$1,624,500

Sq. Ft.: N/A

Type: Commercial

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Listing #5104846

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5 Six- plex buildings 30 units. 19- two bedroom apartments; 11 - one bedroom apartments. Coin operated washer and dryers brings in approximately $4,600 per year. Current rents are low and could be increased to reflect the market. Gross revenue $237,460,00. Total expenses $76,294.65. NOI $161,165.35. Flat roofs within last 6 years. New windows and Siding within 3 years. Black top 8 years old. Many up grades to apartments remodeling This property can be divided as a 6 plex, 12 units, 24 units or the full 30 units.

Property Features

Location Information

County: Trumbull

Latitude: 41.138056

Longitude: -80.663909

Subdivision: Richard

Directions: From Gypsy Lane, head north onto Belmont Ave. Turn right onto Colonial then turn left onto Frederick Drive.

Interior Features

Heating: Gas, Hot Water, Steam

Total Number of Units: 30

Exterior Features

Possession: Delivery Of Deed

Lot Size in Acres: 0.191

Buildings: 5

Additional Information

Property Type: COM

Property SubType: Apartment

Property SubType 2: Commercial Sale

Year Built: 1968

Status: Active

$ per month
Year Fixed. % Interest Rate.

Principal + Interest:	$
Monthly Tax:	$
Monthly Insurance:	$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Listing courtesy of Burgan Real Estate 330-783-0055

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than William Zamarelli Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

MLS Now (Yes MLS) data last updated at April 23, 2025, 8:32 PM ET