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3001 Green Acres DR Youngstown, OH 44505
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Key Details
Sold Price $1,415,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Township/Liberty
MLS Listing ID 5135058
Sold Date 10/01/25
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1969
Annual Tax Amount $10,794
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Apartment
Property Description
Excellent Investment Opportunity! Turnkey 24 Unit Apartment Complex. 23 two bedroom units and 1 single bedroom unit or managers office. 22 units have been renovated. 20 units have seller owned SS Refrigerators and Ranges. 8 units have granite counters in the kitchens. 10 units have replaced ac wall units. Units have been renovated within the last 2 years. At the list price, the per unit cost is only $58,985. This property is primed for strong returns with a proforma rental income of $17,425 per month Expenses average per month $2600.00. Giving this investment an 11.8% CAP rate! Do not miss out on this tremendous opportunity to expand your portfolio.
Location
State OH
County Trumbull
Interior
Heating Gas, Hot Water, Steam
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features On Site
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Schools
School District Liberty Lsd - 7813
Others
Tax ID 12-598859
Financing Cash
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Bought with Chris Roman • Howard Hanna
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