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Property Description
This is a CASH COW! ($3365 monthly rents) There are 8 units – 4 1 bedrooms and 4 efficiency apartments. Seller purchased it in 2019 with the intentions of keeping it long term. The Seller has put a TON of money into it just because of his original intentions. One renter has been there over 20 years and all units are rented which includes other long term tenants. Updates include New shingled roof and gutters on entire building in June of 2019. New Windows throughout – June 2019, new furnace – March 2019, replaced exterior main service electrical cable – April 2019, new drainage, installed 24 smoke alarms per city code – 2019, installed LED lights where applicable, Unit 1018 was completely remodel with waterproof laminate flooring installed through out, many new appliances throughout the units, some new showers, toilets, faucets. Unit 516 & 520 were redone by the management company which included flooring, paint, appliances and hardware. Re-enforced damaged floor joint with new beams and support. New concrete pads. Re-enforced girders with steel plate and proper support in November 2019. All numbers can be verified. There is $80 per year fee from the City of Canton which has been paid for 2020.
: Forced air, Gas
Address Map
1016 Mckinley Ave Northwest
W82° 37' 22.3''
N40° 48' 28.9''
MLS Addon
Howard Hanna

Commercial Sale

1016 Mckinley Ave Northwest, Canton, Stark, Ohio, United States 44703

4,916 Sqft
Listing ID #4186818
Basic Details
Property Type : Commercial Sale
Listing ID : 4186818
Price : $193,000
Living Area : 4,916 Sqft
Year Built : 1950
Lot Area : 0.10 Sqft
Status : Active
PropertySubType : Apartment
Agent info
Altobelli Real Estate
Altobelli Real Estate
304 Vienna Ave. (Rt. 46)
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