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$380,000 5029 Aravesta Ave Boardman
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Commercial in Boardman
$380,000
Bedrooms: | MLS ID: | 3903295 | ||
Bathrooms: | Neighborhood: | Aravesta Terrace | ||
Square Feet: | 0 | County: | Mahoning | |
Year Built: | 1973 | Garage: | ||
Acreage: | 0.351 | Basement: |
5029 Aravesta Ave Boardman 44512
Fully Renovated Building, 6-Plex in Boardman, Ohio. If you're looking for a turn-key investment, you've found it. Upgrades include new flat roof (April 2017), new windows, wall AC units, bathrooms, kitchens, cabinets, interior doors, flooring, stainless steel appliances, Includes laundry machines and low maintenance landscaping. Monthly gross rents: $3,890Annual gross rents: $46,680Cap Rate: 8.92%Rent to Value Ratio 1.02This Boardman location is perfectly positioned to take advantage of the Youngstown State University continued expansion and economic rebound in the Rust Belt. Opportunities like this are truly once in a lifetime. Seller's to cooperate with buyer's 1031 Exchange. Investors, where else can you find these kind of returns? NOTE: This building is being sold as part of an 11 building (54 unit) portfolio. Owner may consider separating portfolio.
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- Cooling: Wall Unit(s)
- Heating: Hot Water/Steam
- Roof: Flat
- Water and Sewer: Public Sewer,Public Water
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