Commercial Real Estate for Sale at 18 5th Street Ne in Massillon, OH for $215,000

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18 5th Street NE | Massillon

$215,000 | 0.0 Sq. Ft.

Five-unit apartment building located at 18 5th St NE in Massillon offering approximately 3,203 square feet. Current gross rents total $2,415 per month with one unit vacant, equating to $28,980 in annualized gross income at current occupancy. Rent breakdown as follows: Unit 1 Rear \u2013 $650; Unit 1AA \u2013 $520; Unit 2 \u2013 $670; Unit 3 \u2013 $575. Tenants pay electric; owner pays water, sewer, trash, gas, and lawn care. Annual real estate taxes are $2,475.46. Electric is separately metered. Unit 3 is leased on a 12-month term through 2/28/27; the remaining occupied units are month-to-month. All units have been filled with new tenants since 2024. Units 3 and 4 have been recently renovated, and Units 1AA and 1 Rear were renovated in 2024. The building furnace was replaced in 2025 and the main plumbing stack was replaced in 2024, addressing major mechanical components. Property was built in 1901 and features on-street parking. Management is in place and willing to keep managing. Rent roll along with 2024, 2025, and year-to-date P\u0026L statements are attached in supplements. Schedule your showing today! MLSNow 5187544 Directions to property: From State Route 21 turn onto Lillian Gish Blvd. Then turn right onto Lincoln Way E. Then turn left onto 5th St NE. Property is on the right side of the street.

MLS Listing ID: 
MLSNow 5187544
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$215,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Massillon
Address: 
18 5th Street NE, Massillon, OH 44646
County: 
Stark
Latitude: 
40.7987680
Longitude: 
-81.5169540
Directions: 
From State Route 21 turn onto Lillian Gish Blvd. Then turn right onto Lincoln Way E. Then turn left onto 5th St NE. Property is on the right side of the street.
Public Remarks: 
Five-unit apartment building located at 18 5th St NE in Massillon offering approximately 3,203 square feet. Current gross rents total $2,415 per month with one unit vacant, equating to $28,980 in annualized gross income at current occupancy. Rent breakdown as follows: Unit 1 Rear \u2013 $650; Unit 1AA \u2013 $520; Unit 2 \u2013 $670; Unit 3 \u2013 $575. Tenants pay electric; owner pays water, sewer, trash, gas, and lawn care. Annual real estate taxes are $2,475.46. Electric is separately metered. Unit 3 is leased on a 12-month term through 2/28/27; the remaining occupied units are month-to-month. All units have been filled with new tenants since 2024. Units 3 and 4 have been recently renovated, and Units 1AA and 1 Rear were renovated in 2024. The building furnace was replaced in 2025 and the main plumbing stack was replaced in 2024, addressing major mechanical components. Property was built in 1901 and features on-street parking. Management is in place and willing to keep managing. Rent roll along with 2024, 2025, and year-to-date P\u0026L statements are attached in supplements. Schedule your showing today!
Community Information
School District: 
Massillon CSD - 7609
Subdivision: 
Massillon
Building Details
Details about the building on a property.
Year Built: 
1901
Living Area: 
0.0
Construction
Foundation Details: 
Block
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: 
Forced Air,Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
0.09
Lot Features
Parking Type: 
On Street
Public Record
Parcel Number: 
00605449
Annual Tax: 
$2,476.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Owner Is Listing Agent
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Stewardship Realty LLC

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