8156 Southern Boulevard, Youngstown, OH 44512

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Discover this fantastic investment opportunity nestled in a tranquil wooded lot in Boardman. This property features 6 spacious 2-bedroom, 1-bathroom units, each boasting generous 16' x 20' bedrooms. Ideal for investors seeking rental growth, all units are currently occupied, generating a gross rent of $5,394+ per month. Recent updates enhance the appeal of this property, with Units 1, 2, 4, and 6 receiving significant renovations including new carpets, paint, kitchen updates, and more. Unit 1 showcases new appliances, plumbing, and countertops, while Unit 3 and Unit 5 feature long-term tenants with recent upgrades. Unit 6 boasts refurbished cabinets and updated plumbing. Maintenance has been meticulously managed with a new commercial hot water tank, serviced boiler, updated windows, and a new roof installed in 2022. Additional upgrades include a new commercial coin-operated dryer, sump pumps, and enhanced security with a water alarm system. Convenient amenities include ample parking and a coin-operated washer/dryer on-site. The central hallway and stairwell have been recently refurbished, ensuring a welcoming atmosphere for tenants. Don't miss out on this opportunity to own a well-maintained income-generating property in Boardman. Call now to schedule your showing before it's gone!
Property Features
Location Information
County: Mahoning
Latitude: 41.001213
Longitude: -80.653677
Subdivision: Southern Park Estates
Directions: from us 224 turn right onto oh 446 E continue oh 46 turn left onto w western reserve rd and left onto southern blvd
Interior Features
Heating: Gas, HeatPump
Cooling: WallUnits
Total Number of Units: 6
Exterior Features
Possession: Other
Water / Sewer: PublicSewer
Water: Public
Parking Description: Driveway, OnSite, Paved
Lot Size in Acres: 0.318
Buildings: 1
Additional Information
Roof/Attic: Asphalt, Fiberglass
Property Type: COM
Property SubType: Apartment
Property SubType 2: Commercial Sale
Year Built: 1971
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
$
List Price:
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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 RE/MAX Edge Realty 330-821-5300
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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 November 22, 2024 8:30 PM ET