249 Folsom ST Pending

Warren,OH 44483

$ 825000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Summerdale Avenue/Elm Lodge Park

MLS Listing ID 5044830

Year Built 1981

Annual Tax Amount $12,356

Tax Year 2023

Lot Size 1.332 Acres

Property Description

Property Overview:
Discover this exceptional investment opportunity featuring two buildings, each with 8 spacious two-bedroom units, totaling 16 units. This property promises comfortable living and excellent income potential.

Unit Features:

Spacious Layout: Each unit offers generous living spaces, including large eat-in kitchens and ample living room areas.
Outdoor Access: All units provide walkouts to either a patio or a balcony, enhancing the living experience.
Climate Control: Each unit is equipped with thermostat-controlled boiler heat and wall-mounted air conditioning units, ensuring year-round comfort.
Common Areas:

Income-Generating Amenities: Each floor features coin-operated laundry facilities, providing additional income potential.
Recent Upgrades:

New Roofs: Both buildings had their roofs replaced in 2023, ensuring long-term durability and reducing maintenance costs.
This property combines modern amenities, spacious living, and reliable income streams, making it a prime investment opportunity. Don't miss out on this great deal!

Location

State OH

County Trumbull

Rooms

Ensuite Laundry Coin-operated

Interior

Laundry Location Coin-operated

Heating Gas,Hot Water,Radiant,Steam

Cooling Wall/Window Unit(s)

Laundry Coin-operated

Exterior

Garage Paved,Parking Lot

Roof Type Asphalt,Fiberglass

Building

Sewer Public Sewer

Water Public

Schools

School District Champion Lsd - 7804

Others

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

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