512 Shorb Avenue NW, Canton, OH 44703

$120,000
4
BD
3
BA
2,388
SqFt

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List Price
$120,000
Status
ACTIVE
Days on Market
5
MLS#
5250624
Subtype
Residential Income
Year Built
1900
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
2,388
Acres
0.14
Subdivision
City/Canton
Neighborhood
City/Canton
MLS Area Major
Canton

Property Description

Turnkey income-producing triplex with immediate cash flow! Fully occupied and generating $2,055 per month ($24,660 annual gross income), this well-maintained property offers investors the opportunity to acquire a stabilized asset with income in place from day one. The building features three rental units totaling over 2,300 square feet, providing a strong addition to any investment portfolio. Tenant-paid utilities help maximize returns while minimizing operating expenses. Conveniently located near shopping, dining, public transportation, and major commuter routes, this property continues to attract and retain tenants. Investors also have the unique opportunity to purchase an additional tenant-occupied single-family rental in Akron, creating the potential to expand their portfolio with multiple income-producing properties. Whether you're looking to grow your holdings, complete a 1031 exchange, or secure a cash-flowing asset in the Canton market, this fully leased triplex is worth a look. Financials available upon request. Reach out for possible owner financing terms.

Additional Information

Taxes
$1,263
Heating
Forced Air
Air Conditioning
Ceiling Fan(s)
Stories
2
Levels
Two
Roof
Asphalt
Parking Features
Driveway, Off Street
School District
Canton CSD - 7602

Listing Courtesy of: Joshua Cowan, joshua@1stcavalryhomes.com With 1st Cavalry Homes Real Estate & Property Mgmt.

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