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Property Description

Investors! Take note of this money maker to add to your portfolio. At a 7.9% cap rate, this one makes sense. There is one parcel being sold and on that parcel you have a SFR home with 3 bedrooms, 1 bath, and a full basement. This home is currently rented for $850. Then, you have an adjacent duplex which recently became occupied with rent on the lower unit of $625 and the upper unit brings in $575. The lower unit has 1 bedroom, enclosed porch, and access to the full basement with laundry hookups. The upper unit has 2 bedrooms but does not have a laundry option. There is also an attached storefront (approx. 1,500 sq.ft.) which would make a great office space/storage unit and features 2 floors, half bath, and a garage door on one side for storing larger items. In the past, this was used as an office on the second floor and storage on the first floor. All of the hard work is done as the current owner recently rented all 3 units and they are all M2M. The annual income does not include the storefront which makes the investment even more appealing. The tenants pay all utilities. Owner takes care of the lawn, taxes, insurance, and any repairs. Across the street from the SFR, there is ample parking. The SFR has its own parking and there is more on the north side of the storefront if needed. What a great opportunity!

Features
: Gas, Forced Air
: No
: Other, Off Street, Additional Parking, Alley Access
: Asphalt, Fiberglass
: Public Sewer
Address Map
OH
Stark
Canton
44710
Maryland
116
Avenue
W82° 35' 24.5''
N40° 47' 51.7''
Turn left onto Tuscarawas St W and turn right onto Maryland Ave SW.
SW
Property Details
EXP Realty, LLC.
Amy Wengerd
Full,unfinished
436224
20050
00245386
2
2
Colonial,multiplex,other
: Wood Siding
: Public
2
2024
: Cash, Conventional
17/04/2025 14:47:31
No
Yes
No
No

116 Maryland Avenue, Canton, Ohio 44710

Residential For Sale

6 Bedrooms
4 Bathrooms
0.07 Acre
$139,900
Listing ID #5115444
Basic Details
Property Type : Residential
Property Sub Type : Single Family Residence
Levels : Two
Listing Type : For Sale
Listing ID : 5115444
Price : $139,900
Bedrooms : 6
Bathrooms : 4
Half Bathrooms : 1
Year Built : 1920
Lot Area : 0.07 Acre
Status : Active
Subdivision Location : Described Follows
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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