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264 High Street , #266

Wadsworth, OH 44281
  • $175,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 4382121
UPDATED: 167 min ago
$175,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,510
    SQFT
  • $70
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Keller Williams Greater Metropolitan.
Listing information © 2022 YES-MLS.

Description

If you're a savvy investor looking for good cash flow, look no further. With the potential for rental income to exceed $2,000 per month, this property promises a terrific return on investment or cap rate. Well maintained, it needs minimal updating. Outside, the house boasts a newer roof and brand-new vinyl siding. Inside, one unit has a new furnace, water heater, a waterproofed basement with sump pump, and each has newer electrical panels and many plumbing improvements. A side-by-side duplex, the house features three bedrooms on one side and two bedrooms on the other. The two-bedroom unit will be newly painted, and the three-bedroom unit was painted a few years ago. Each unit will be ready for your new tenants upon transfer. The current rent roles do not represent the rental market in Wadsworth, which for this property will be between $950 and $1050 for each unit per month. All utilities were paid for by the tenants, which minimizes the annual cost. And with low maintenance costs and relatively low property taxes, this property is an investor's dream.

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-14T00:08:17.597.
www.mystarkcountyhome.com/homes/129842334
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264 High Street , #266 Wadsworth, OH 44281

  • Price: $175,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 167 min ago
  • MLS #: 4382121
5
Beds
2
Baths
0
½ Baths
0.17
Acres
2,510
SQFT
$70
$/SQFT
1910
Built
Neighborhood:
City/Wadsworth
County:
Medina
Area:
Wadsworth
School District:
Wadsworth CSD
Property Description
If you're a savvy investor looking for good cash flow, look no further. With the potential for rental income to exceed $2,000 per month, this property promises a terrific return on investment or cap rate. Well maintained, it needs minimal updating. Outside, the house boasts a newer roof and brand-new vinyl siding. Inside, one unit has a new furnace, water heater, a waterproofed basement with sump pump, and each has newer electrical panels and many plumbing improvements. A side-by-side duplex, the house features three bedrooms on one side and two bedrooms on the other. The two-bedroom unit will be newly painted, and the three-bedroom unit was painted a few years ago. Each unit will be ready for your new tenants upon transfer. The current rent roles do not represent the rental market in Wadsworth, which for this property will be between $950 and $1050 for each unit per month. All utilities were paid for by the tenants, which minimizes the annual cost. And with low maintenance costs and relatively low property taxes, this property is an investor's dream.
Exterior Features

Construction Materials Vinyl Siding Exterior Features Unpaved Driveway Garage YN No Lot Features City Lot Parking Features No Garage Roof AsphaltFiberglass

Interior Features

Appliances DryerMicrowaveRangeRefrigeratorWasher Basement UnfinishedSump Pump Basement YN Yes Building Area Total 2510 Cooling None Cooling YN No Heating Forced AirGas Heating YN Yes Laundry Features In Unit

Property Features

Above Grade Finished Area 2510 Home Warranty YN No Listing Terms CashConventional Number Of Units In Community 2 Owner Pays None Ownership Principal/Nr Property Sub Type Duplex Sewer Public Sewer Tenant Pays All Utilities Township Wadsworth City View City View YN Yes Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Keller Williams Greater Metropolitan.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-14T00:08:17.597.
 
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Jose Medina and Associates | Keller Williams Legacy Group Realty
1401 South Main St. Suite 101
North Canton OH, 44720
Listing courtesy of Keller Williams Greater Metropolitan.
Listing information © 2022 YES-MLS.