Commercial Real Estate for Sale at 1944 Rowland Avenue Ne in Canton, OH for $3,264,000

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1944 Rowland Avenue NE | Canton

$3,264,000 | 0.0 Sq. Ft.

Exceptional Multifamily Investment Opportunity! This 48-unit portfolio offers investors the opportunity to acquire eight updated, all-brick buildings conveniently located together on the same block. The portfolio features a desirable mix of two-bedroom townhomes, one-bedroom units, and additional two-bedroom units, all with one full bath, providing a total of 91 bedrooms.\r\n\r\nThe properties have benefited from extensive remodeling and improvements, allowing a new owner to take advantage of the work already completed. Strong occupancy and a diversified unit mix provide an attractive foundation for an income-producing multifamily portfolio. The concentration of all eight buildings in one location may also offer operational efficiencies for ownership and management.\r\n\r\nThis is a substantial opportunity for investors seeking to expand their multifamily holdings with multiple units in a centralized location. Please do not disturb tenants. Showings require 24-hour notice and are subject to availability.\r\n\r\nAll information is believed to be accurate but is not guaranteed. Buyer and buyer\u0027s agent to verify all information, including unit count, bedroom count, dimensions, rents, expenses, occupancy, and other property details. MLSNow 5236316 Directions to property: SR 43 to 20th St NE to Rowland

MLS Listing ID: 
MLSNow 5236316
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$3,264,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Canton
Address: 
1944 Rowland Avenue NE, Canton, OH 44714
County: 
Stark
Latitude: 
40.8199340
Longitude: 
-81.3593620
Directions: 
SR 43 to 20th St NE to Rowland
Public Remarks: 
Exceptional Multifamily Investment Opportunity! This 48-unit portfolio offers investors the opportunity to acquire eight updated, all-brick buildings conveniently located together on the same block. The portfolio features a desirable mix of two-bedroom townhomes, one-bedroom units, and additional two-bedroom units, all with one full bath, providing a total of 91 bedrooms.\r\n\r\nThe properties have benefited from extensive remodeling and improvements, allowing a new owner to take advantage of the work already completed. Strong occupancy and a diversified unit mix provide an attractive foundation for an income-producing multifamily portfolio. The concentration of all eight buildings in one location may also offer operational efficiencies for ownership and management.\r\n\r\nThis is a substantial opportunity for investors seeking to expand their multifamily holdings with multiple units in a centralized location. Please do not disturb tenants. Showings require 24-hour notice and are subject to availability.\r\n\r\nAll information is believed to be accurate but is not guaranteed. Buyer and buyer\u0027s agent to verify all information, including unit count, bedroom count, dimensions, rents, expenses, occupancy, and other property details.
Community Information
School District: 
Canton CSD - 7602
Subdivision: 
Canton
Building Details
Details about the building on a property.
Year Built: 
1954
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric,Gas
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.89
Lot Size (Area): 
1.89
Public Record
Parcel Number: 
00227011
Annual Tax: 
$50,765.16
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Legacy Group Realty

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