116 Maryland Avenue SW, Canton, OH 44710

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$139,900

bedrooms

bathrooms

square feet

Acreage

0.0746

Open Houses

year built

1920

Full Baths

Half Baths

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Investors! Take note of this money maker to add to your portfolio. At a 7.9% cap rate, this one makes sense. There is one parcel being sold and on that parcel you have a SFR home with 3 bedrooms, 1 bath, and a full basement. This home is currently rented for $850. Then, you have an adjacent duplex which recently became occupied with rent on the lower unit of $625 and the upper unit brings in $575. The lower unit has 1 bedroom, enclosed porch, and access to the full basement with laundry hookups. The upper unit has 2 bedrooms but does not have a laundry option. There is also an attached storefront (approx. 1,500 sq.ft.) which would make a great office space/storage unit and features 2 floors, half bath, and a garage door on one side for storing larger items. In the past, this was used as an office on the second floor and storage on the first floor. All of the hard work is done as the current owner recently rented all 3 units and they are all M2M. The annual income does not include the storefront which makes the investment even more appealing. The tenants pay all utilities. Owner takes care of the lawn, taxes, insurance, and any repairs. Across the street from the SFR, there is ample parking. The SFR has its own parking and there is more on the north side of the storefront if needed. What a great opportunity!

Location
Subdivision	Described Follows
County	Stark
Elementary School	-
Middle School	-
High School	-

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Open houses

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MLS number: 5115444

Listing agent: Amy Wengerd #436224

Listing broker: Exp Realty (866) 212-4991

Last update: Tuesday, April 22 2025 at 3:13 p.m. EDT

Kotohomes National