20
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$419,000
Est. payment /mo
7,492 Sqft Lot
Active
2201 Cleveland AVE NW Canton, OH 44709
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Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5231701
HOA Y/N No
Year Built 1904
Annual Tax Amount $3,987
Tax Year 2025
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Apartment
Property Description
Stable, high-occupancy asset features six well-maintained units consisting of one efficiency, four one-bedroom
apartments, and one large two-bedroom apartment. Backed by a strong track record of consistent, long-term tenancy,
the property offers a highly efficient operation with exceptionally low turnover friction, typically requiring only routine
painting or light flooring updates between residents. The asset has benefited from an institutional approach to capital
expenditure and preventative maintenance. Mechanically, the building features six individual tenant-paid gas meters
and dedicated furnaces installed in 2012, alongside individual gas stoves in each unit. A unique seven-meter setup is
utilized, dedicating the final meter exclusively to the owner's central hot water tank for accurate utility tracking. Modern
structural and amenity upgrades include custom steps and a deck built for units 1 and 2 in 2020, a hardwired
commercial security camera system installed in 2022, and a comprehensive 2025 renovation of unit 7 which features
a new exterior deck, new luxury flooring, and a completely remodeled bathroom. This turnkey asset stands out as an
exceptional addition to any real estate portfolio, combining modern infrastructure with low-overhead operations.
apartments, and one large two-bedroom apartment. Backed by a strong track record of consistent, long-term tenancy,
the property offers a highly efficient operation with exceptionally low turnover friction, typically requiring only routine
painting or light flooring updates between residents. The asset has benefited from an institutional approach to capital
expenditure and preventative maintenance. Mechanically, the building features six individual tenant-paid gas meters
and dedicated furnaces installed in 2012, alongside individual gas stoves in each unit. A unique seven-meter setup is
utilized, dedicating the final meter exclusively to the owner's central hot water tank for accurate utility tracking. Modern
structural and amenity upgrades include custom steps and a deck built for units 1 and 2 in 2020, a hardwired
commercial security camera system installed in 2022, and a comprehensive 2025 renovation of unit 7 which features
a new exterior deck, new luxury flooring, and a completely remodeled bathroom. This turnkey asset stands out as an
exceptional addition to any real estate portfolio, combining modern infrastructure with low-overhead operations.
Location
State OH
County Stark
Rooms
Basement Full
Interior
Heating Gas
Cooling None
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Common, No Garage, On Site, Parking Lot
Water Access Desc Public
Present Use Multi-Family
Garage false
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Canton Csd - 7602
Others
Tax ID 00207674
Special Listing Condition Standard
Listed by Tom McCully • Howard Hanna • thomasmccully@howardhanna.com, 330-310-7400
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