8156 Southern Boulevard, Youngstown, OH 44512
$590,000
Sq. Ft.: N/A
Type: Commercial
Listing #5063877
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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
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
Heating: Gas, HeatPump
Cooling: WallUnits
Total Number of Units: 6
Possession: Other
Water / Sewer: PublicSewer
Water: Public
Parking Description: Driveway, OnSite, Paved
Lot Size in Acres: 0.318
Buildings: 1
Roof/Attic: Asphalt, Fiberglass
Property Type: COM
Property SubType: Apartment
Property SubType 2: Commercial Sale
Year Built: 1971
Status: Active
$ per month
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Listing courtesy of RE/MAX Edge Realty 330-821-5300
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MLS Now (Yes MLS) data last updated at November 22, 2024 8:30 PM ET
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