4508 Southern Blvd, Boardman OH 44512 Photo 1 4508 Southern Blvd, Boardman OH 44512 Photo 2

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4508 Southern Blvd - Fully Renovated Building, Fully occupied, Cash-flowing 4-Plex in Boardman, Ohio. If you're looking for a turn-key investment, you've found it. Upgrades include new windows, bathrooms, kitchens, cabinets, stainless steel appliances, and laundry machines windows, low maintenance landscaping. Monthly gross rents: $2,650 Annual gross rents: $31,800 Rent to Value Ratio 1.02 This 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. Buyers to cooperate with seller'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.

Listing information

  • MLS® ID: 3903289
  • Status: Active
  • New Construction: No
  • Estimated Annual Taxes: $2,059
  • Style: Commercial
  • Stories: 0
  • Foreclosure: No
  • County: Mahoning
  • Year Built: 1970
  • Parking Type Description: Covered / Indoors 0 cars
  • Lot Area: 0.21

Features

Apartments Type Apartments Only
Assessments Y/N No
Heating Fuel Gas
Heating Type Hot Water/Steam
Homestead Exemption Y/N No
Other Lot Size Depth - 180, Lot Size Frontage - 50, Num Of Apartments Total - 4
Owner Pays Gas, Heating, Sewer, Trash Collection, Water
Possession Time of Transfer
Property Subtype Apartment
Roof Asphalt/Fiberglass
Tenant Pays Electric
Water Sewer Public Sewer, Public Water
Listing Courtesy of Steel Valley Homes