BEDS8
BATHS4 full
MLS#5245660
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTallmadge 01
SCHOOLCuyahoga Falls City
Property Description
Great Investment Opportunity in Cuyahoga Falls! This well-maintained triplex offers an excellent opportunity for investors or owner-occupants looking to generate rental income. The spacious main-floor unit features 4 bedrooms and 2 bathrooms and has been remodeled and updated, including a beautiful kitchen with granite countertops, new flooring, and all new appliances. The property consists of three separate units, providing multiple income streams. Two of the units have established rental histories, with one tenant in place for approximately 12 years and the back house tenant for approximately 7 years. Current rents include $975/month for the back house and $550/month for the upstairs unit. With a remodeled 4-bedroom unit, long-term rental history, multiple units, and recent improvements, 550 Magnolia offers a great opportunity to add a solid income-producing property to your investment portfolio. Agent related to seller.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Interior Entry, Concrete, Partially Finished, Bath/Stubbed, Walk-Out Access
Cooling: Central Air
Garage: 1
Heating: Baseboard, Electric, Forced Air, Gas
Lot Size: 0.45 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,300 / year
Year Built: 1940
Feature Descriptions
Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Exterior: Stone, Vinyl Siding
Laundry: In Basement
Parcel#: 0216941
Parking: Additional Parking, Driveway, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cuyahoga Falls City
Listed By / Shown By
Listed By
Agency Name: Mosholder Realty Inc.
Agency Contact: 330-633-5536, info@mosholder.com
Shown By
Agency Title: Kremer Realty, Inc
Agency Phone: (330) 686-2400
Estimate Your Payment
Estimated Payment
$ 1,007.25 per month $721.08 Principal & Interest $191.67 Property Tax $94.50 Homeowner's Insurance
550-554 Magnolia Avenue | MLS# 5245660
This multi-family property located at 550-554 Magnolia Avenue , Cuyahoga Falls, OH 44221 is currently listed for sale with an asking price of $324,000. 550-554 Magnolia Avenue is located within the Cuyahoga Falls City school district. Search Cuyahoga Falls real estate on www.kremerrealty.com today.