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$390,000 245 Mathews Rd Boardman
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Commercial in Boardman
Bedrooms: MLS ID: 3903299
Bathrooms: Neighborhood: Applewood Acres
Square Feet: 0 County: Mahoning
Year Built: 1972 Garage:
Acreage: 0.265 Basement:
Fully Renovated Building, 6-Plex in Boardman, Ohio. If you're looking for a turn-key investment, you've found it. Upgrades include new high efficiency boiler/hot water tank, windows, bathrooms, kitchens, new and refinished cabinets, interior doors, flooring, stainless steel appliances, Includes laundry machines and low maintenance landscaping. Monthly gross rents: $3,900Annual gross rents: $46,800Cap Rate: 8.78%Rent to Value Ratio 1This 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 realistic 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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  • Heating: Hot Water/Steam
  • Parking: Covered
  • Roof: Asphalt/Fiberglass
  • Water and Sewer: Public Sewer,Public Water
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