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Key Details
Sold Price $228,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,510 sqft
Price per Sqft $50
Subdivision City/Newtown Falls
MLS Listing ID 4497071
Sold Date 11/03/23
Bedrooms 6
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,280
Year Built 1880
Annual Tax Amount $1,685
Lot Size 10,214 Sqft
Acres 0.2345
Property Description
Opportunity is knocking! Open the door to this impressive four-unit rental property located in the heart of Newton Falls just a short distance from retail stores and restaurants. Dual driveways lead to the 12-space parking lot behind the building, plus there is an additional lot for guest parking. A two-car garage with electric and two sheds can be utilized for storage. (Tenants can pay extra each month for the use of these.) Important updates include furnace, A/C and electric. New laundry equipment, plus all in-unit appliances will stay. All units are on separate utilities. A possible 5th unit in the attic is ready to be completed as plumbing and electric have already been installed. This property has been very well-maintained and updated over the years and has a great rental history. Investment opportunities like this one are rare. Don't miss out!
Location
State OH
County Trumbull
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Garage Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Newton Falls Evsd - 7817
Others
Tax ID 53-054051
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with Jasmine L Carter • TG Real Estate