17
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$199,000
Est. payment /mo
1.03 Acres Lot
Price Dropped by $16K
300-306 Scott ST NE Warren, OH 44483
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5181981
Construction Status Fixer,Updated/Remodeled
HOA Y/N No
Year Built 1930
Annual Tax Amount $2,334
Tax Year 2024
Lot Size 1.026 Acres
Acres 1.0262
Property Sub-Type Apartment
Property Description
Seller Agent owned.
Excellent investment opportunity especially for someone with the ability to make improvements on the go.
6Plex plus Duplex and additional vacant land included.
The 6 plex has 4 apartments (2 recently updated) approved by the health department for occupency. All rented. The other 2 are now vacant and need renovated and approval. The duplex is empty and ready for renovation. It will need a roof and extensive renovation. There is a 1 bedroom lower and 2 bedroom upper in this building.
The 6 plex is all 1 bedroom.
Fully rented potential income would be $59,000 to $64,000 Annual. Tenants pay electric and gas. Water bill is about $500 to $550 monthly but would be higher fully rented. Owner has assessed a $50 water fee per unit to offset this expense.
Additional land included could potentially be used for Storage Units.
Current income is for 4 units. 4 vacant ready for renovation.
Excellent investment opportunity especially for someone with the ability to make improvements on the go.
6Plex plus Duplex and additional vacant land included.
The 6 plex has 4 apartments (2 recently updated) approved by the health department for occupency. All rented. The other 2 are now vacant and need renovated and approval. The duplex is empty and ready for renovation. It will need a roof and extensive renovation. There is a 1 bedroom lower and 2 bedroom upper in this building.
The 6 plex is all 1 bedroom.
Fully rented potential income would be $59,000 to $64,000 Annual. Tenants pay electric and gas. Water bill is about $500 to $550 monthly but would be higher fully rented. Owner has assessed a $50 water fee per unit to offset this expense.
Additional land included could potentially be used for Storage Units.
Current income is for 4 units. 4 vacant ready for renovation.
Location
State OH
County Trumbull
Interior
Heating Forced Air, Gas
Fireplace No
Exterior
Parking Features Aggregate
Water Access Desc Public
Roof Type Flat,Slate
Present Use Residential,Single Family
Building
Sewer Public Sewer
Water Public
Construction Status Fixer,Updated/Remodeled
Schools
School District Warren Csd - 7820
Others
Tax ID 39-491614
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Real Estate Owned, Standard
Listed by Martin J Dunham • Burgan Real Estate • martin@burganrealestate.com, 330-881-7353
NEARBY SCHOOL & BUSINESS
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