Superior Properties Market Apartments: An outstanding opportunity to own a fully occupied and stabilized 10 unit apartment complex in Canton, Ohio. Having recently undergone a $268K renovation, this exceptional offering includes 6 Townhome units (2 story) with two bedrooms, fully applianced updated kitchens, new bathrooms, flooring and separate full basements, plus 4 Garden Units with one bedroom and new applianced kitchens, new bathrooms, and flooring throughout. The Garden Units sit atop 7 single car garages and mechanical room featuring a new boiler. Extensively updated major mechanicals and most units have window AC. Additional 4 single car garage spaces under the third roof offer additional income opportunity. Professionally, efficiently managed with low historical vacancy. Situated between historic Ridgewood and Colonial Heights, the Superior Properties Market Apartments are just minutes by car from downtown Canton, a city enjoying an urban renaissance. 4 minutes away from Hall of Fame Village, the 200-acre tourism development. This property offers potential for future appreciation plus an outstanding 6.3% cap as it sits.
MLS# | 5047473 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1957 |
Days On Site | 91 |
Listing Provided By | Richfield Realty Group LLC | Jenne Haddox |
SQ Feet | 9,002 |
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Basement | Y |
Units | 10 |
Building(s) | 3 |
Acreage | 0.80 |
State | OH |
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County | Stark |
City | Canton |
Zip Code | 44714 |
Community Name | Canton City |
Listing VS Median (in Canton City) | |
Price: $925,000 low | high Med: $587,000 SqFt: 9,002 low | high Med: 24,350 $ / SqFt: $103 low | high Med: $35 On Site: 91 low | high Med: 658.000000 |