Property Description

INVESTORS… here are the magic numbers annually …Net Operating Income (NOI) $9535.68, Gross Rent $12,000 (based on $500 rent per unit), Cash Flow $5891.28, CAP Rate 15.91%, Cash on Cash Return 49.17%……. Perfect for the any investor!!!….. SUPER SIZED DUPLEX! Over 2240 sq. ft. Each unit has 3 bedrooms, many improvements and great floor plan! Owner pays water & sewer, Tenants pay electric & gas. Attic is not counted in the sq. footage but could be used as well. Full basement. 3 porches! Great time to buy, both sides are vacant & ready to go. Property is professionally managed and it can be rented if new Owner wants that. Or move in yourself and get owner occupied financing! Both units have been rented at $500/mo, with tenants paying their own utilities. Appliances that are there stay for the new owner. Great location, near everything!

Features
: Forced air
: None
None
Address Map
United States
Ohio
Trumbull
Niles
Wood
Ave
16
44446
0
W81° 14' 52.5''
N41° 10' 55.3''
2
MLS Addon
Sheperds Hill allotment 15
Full
Tri Sun Real Estate
Niles CSD
Public Water,Public Sewer
110
900

Multi-family

16 Wood, Niles, Trumbull, Ohio, United States

6 Bedrooms
2 Bathrooms
$59,900
Listing ID #3998170
Basic Details
Property Type : Multi-family
Listing ID : 3998170
Price : $59,900
Bedrooms : 6
Bathrooms : 2
Full Bathrooms : 2
Year Built : 1900
Status : Active
Agent info
Altobelli Real Estate
Altobelli Real Estate
304 Vienna Ave. (Rt. 46)
Contact Agent
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