Cash Flowing

Fully rented duplex for sale

108 S Canal St, Newton Falls, OH 44444

$89,000 After Repair Value -
$79,000 Asking Price -
$0 Cost of Repairs =
$10,000 Potential Profit

Property Details

Asking Price $79,000

After Repair Value $89,000

Costs of Repairs $0

Potential Profit $10,000

Living Area 1559 ft2

Property Type Duplex

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 2

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $12,000

Yearly Expenses $800

Property Taxes $1,078

Net Operating Income N/A

Cap Rate N/A

Property Description

Newton Falls duplex for sale. Currently rented for $1,000/month. 2 bedrooms down, 1 bedroom up. Full basement with laundry, garage, large lot. Currently used as duplex, could easily be turned back into single family home. New garage roof, new vinyl siding, gutters and downspouts, part of house roof replaced, new HW heater in both units, new boiler and heating system in lower level. Whole house freshly painted, new carpet, new windows, glass block windows in basement, 1st fl bath remodeled, upstairs bath has new sink, HW floors under carpet, arched doorways, orig woodwork, large front porch, partially finished basement, 2+ detached garage, deep lot. Zoned for residential, multi family or commercial. Home is agent owned.

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Carol Sole

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