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8327 Cleveland Ave NW 1,272 SF Flex Building North Canton, OH 44720 $330,000 ($259.43/SF) 10% Cap Rate

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EXECUTIVE SUMMARY

Investment Opportunity – Prime North Canton Location! Fully Occupied! Discover a unique opportunity with two fully renovated single-family residences on one property, perfectly situated in North Canton, Lake Township. Ideal for investors seeking strong returns and minimal maintenance, this property is a standout addition to any portfolio. The front home features 1464 sq ft with an open floor plan, luxury vinyl flooring, new windows, updated kitchen countertops, and fresh paint. Upstairs, you’ll find three spacious bedrooms or offices, accented by vaulted ceilings and exposed beams for added character and flexibility. The second home offers 1136 sq ft with two bedrooms, one full bath, and a bright living area with large picture windows overlooking the back lot. A newly paved driveway and six additional parking spaces provide convenience for tenants and guests alike. With a combined rental income of $3,300 per month and a projected 10% cap rate, this property offers both immediate income and long-term potential. Both tenants wish to remain, ensuring a seamless transition for the new owner. Tenants pay gas; landlord covers water, sewer, and electric. The possibilities are endless for this North Canton, Lake Township, property zoned C2 General Commercial. Furnace/AC (2022), Roof (2015) Call today to schedule your exclusive showing!
330-354-4862

PROPERTY FACTS

Price $330,000
Price Per SF $259.43
Sale Type Investment
Cap Rate 10%
Property Type Flex
Property Subtype
Showroom
  • Office Office Residential
Building Class C
Lot Size 0.49 AC
Rentable Building Area 1,272 SF
No. Stories 2
Year Built/Renovated 1905/2022
Tenancy Single
Parking Ratio 17.3/1,000 SF
Zoning Mixed Use - Can be an office, retail, restaurant or residential dwelling.

AMENITIES

  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02014507
Land Assessment
$11,660
Improvements Assessment
$78,680
Total Assessment
$90,340
  • Listing ID: 38765624

  • Date on Market: 12/13/2025

  • Last Updated:

  • Address: 8327 Cleveland Ave NW, North Canton, OH 44720

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