OH > Canton > Described Follows
Canton, OH 44710,116 Maryland AVE SW
Canton, OH 44710,116 Maryland AVE SW
Canton, OH 44710,116 Maryland AVE SW
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$139,900
Est. payment /mo
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6 Beds
4 Baths
3,249 Sqft Lot
New

116 Maryland AVE SW Canton, OH 44710

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Town & Country

Town & Country

+1(740) 454-0500

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Key Details

Property Type Single Family Home

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Described Follows

MLS Listing ID 5115156

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1920

Annual Tax Amount $1,275

Tax Year 2024

Lot Size 3,249 Sqft

Acres 0.0746

Property Sub-Type Quadruplex

Property Description

Investors! Take note of this money maker to add to your portfolio. At a 7.9% cap rate, this one makes sense. There is one parcel being sold and on that parcel you have a SFR home with 3 bedrooms, 1 bath, and a full basement. This home is currently rented for $850. Then, you have an adjacent duplex which recently became occupied with rent on the lower unit of $625 and the upper unit brings in $575. The lower unit has 1 bedroom, enclosed porch, and access to the full basement with laundry hookups. The upper unit has 2 bedrooms but does not have a laundry option. There is also an attached storefront (approx. 1,500 sq.ft.) which would make a great office space/storage unit and features 2 floors, half bath, and a garage door on one side for storing larger items. In the past, this was used as an office on the second floor and storage on the first floor. All of the hard work is done as the current owner recently rented all 3 units and they are all M2M. The annual income does not include the storefront which makes the investment even more appealing. The tenants pay all utilities. Owner takes care of the lawn, taxes, insurance, and any repairs. Across the street from the SFR, there is ample parking. The SFR has its own parking and there is more on the north side of the storefront if needed. What a great opportunity!

Location

State OH

County Stark

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Range, Refrigerator

Laundry In Basement, None

Exterior

Parking Features Additional Parking, Alley Access, Off Street, Other

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage false

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Canton Csd - 7602

Others

Tax ID 00245386

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Amy Wengerd • EXP Realty, LLC. • amy@soldbywengerd.com 330-681-6090

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Town & Country

Real Estate Brokerage | License ID: 0000331236

+1(740) 454-0500

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116 Maryland AVE SW