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534 Cleveland Ave SW
Canton, OH 44702
Multifamily Property For Sale
·
9 Units


Investment Highlights
- Canton Jewel Property - The Frances Apartment Building - FOR SALE
- LT Tenants with Value Add current below market rents
- 5 of 6 Units include recent Renovations / Professionally Managed; NEW furnace & AC in all units
- (6) 3 Bedroom/1 Bath Apartments in the heart of Downtown Canton Renaissance
- 30+ Parking space lot (to be split upon sale)
- Basement has Secured Storage for each unit (not in use- Value add)
Property Facts
| Price Per Unit | $71,667 | Lot Size | 0.59 AC |
| Sale Type | Investment | Building Size | 9,384 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C |
| Price Per Unit | $71,667 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 9,384 SF |
| No. Stories | 3 |
| Year Built | 1915 |
| Parking Ratio | 1.6/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | - |
Property Taxes
| Parcel Number | 00200993 | Improvements Assessment | $103,290 |
| Land Assessment | $2,240 | Total Assessment | $105,530 |
Property Taxes
Parcel Number
00200993
Land Assessment
$2,240
Improvements Assessment
$103,290
Total Assessment
$105,530
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