3023 Frederick Drive, Youngstown, OH 44505
$1,624,500
Sq. Ft.: N/A
Type: Commercial
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
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.
Heating: Gas, Hot Water, Steam
Total Number of Units: 30
Possession: Delivery Of Deed
Lot Size in Acres: 0.191
Buildings: 5
Property Type: COM
Property SubType: Apartment
Property SubType 2: Commercial Sale
Year Built: 1968
Status: Active
$ per month
Year Fixed. % Interest Rate.
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Monthly Tax: | $ |
Monthly Insurance: | $ |
Listing courtesy of Burgan Real Estate 330-783-0055

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