BEDS3
BATHS2 full
SQUARE FEET1,516
MLS#5183833
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCanton
SCHOOLCanton City
Property Description
Take a look at this excellent investment opportunity in Canton! This well-maintained duplex offers an impressive 15% CAP rate with long-term tenants in place for over 20 years, providing immediate and consistent rental income. It is truly a low-maintenance property with absolutely no yard, eliminating mowing and landscaping expenses. Recent updates include electrical improvements and select plumbing updates, helping reduce future capital expenditures. The property features two units: a 1 bedroom/1 bath with window A/C and a 2 bedroom/1 bath unit with central air. Each unit has separate gas and electric meters, paid directly by the tenants. The landlord covers Canton City Utilities (water, trash, and sewer) at approximately $80 per month, keeping operating costs predictable and minimal. With almost $1400 cash flowing in monthly rental income, this property is an ideal addition to any rental portfolio?easy to manage, strong returns, and stable tenancy. Check it out today! This property won's last long!
Property Features
Property Type: Multi Unit - Multiple
Basement: Common Basement, Full, Concrete
Basement: Yes
Cooling: Central Air, Wall Unit(s)
Heating: Forced Air, Gas
Lot Size: 0.06 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,132 / year
Year Built: 1916
Feature Descriptions
Appliances: Range, Refrigerator
Days on Site: 34
Exterior: Aluminum Siding, Wood Siding
Fencing: None
Parcel#: 00200795
Parking: Common, Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Canton City
Listed By / Shown By
Listed By
Agency Name: RE/MAX Trends Realty
Agency Contact: realtoramandashafer@gmail.com, 330-324-7454
Shown By
Agent Name: John Yoder Team
Agent Phone: Cell: (740) 398-2532
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 682.28 per month $558.81 Principal & Interest $94.33 Property Tax $29.14 Homeowner's InsuranceChange Payment Information
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2515 Grigsby Place Sw | MLS# 5183833
This multi-family property located at 2515 Grigsby Place Sw, Canton, OH 44710 is currently listed for sale with an asking price of $99,900. Grigsby Place Sw is located within the Canton City school district. Search Canton real estate on www.johnyoderteam.com today.