Retail Storefront w/4 Residential Apts
Retail Storefront & QuadPlex - Fully Occupied - Income Producing! - All Units Remodeled & Updated
Marketing description
Good income-producing Retail Storefront w/4 residential apartments. All units (1 Bed/1Bath) are currently rented MTM with long-term tenants. This property currently has existing grants for Interior/Exterior remodeling and repaving of the asphalt. Property also includes an additional tax parcel (ppn: 00219021) w/Garage and a gravel parking lot across the street. All city inspections have been completed and passed, and the owner is putting in new steps to be completed prior to transfer. Transformation opportunity for retail into more residential units. Tenants pay utilities except electric. Take advantage of this great opportunity to purchase a quality income property in Canton, Ohio.
Link to Grant info: https://cantonohio.gov/2267/Public-Realm-Reinvestment-Program
For Inquiries: CALL or TEXT
Mason Ferrer (330) 904-8512
Investment highlights
- All Units leased to Long Term tenants
- All city inspections have been completed
- 15% Cap Rate!
- The building & the lot are on 2 different parcels so they can both get grants
- There are exterior grants & interior grants
- There are also storefront grants both inside & out
- And the storefront tenant can also apply on top of what the owner applies for
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