8327 Cleveland Ave NW - Showroom FOR SALE


North Canton, OH 44720
$330,000 USD
330-354-4862
8327 Cleveland Ave NW, North Canton, OH for Sale
$330,000 USD
Showroom - FOR SALE
1/12
null | 10% Cap Rate

8327 Cleveland Ave NW
North Canton, OH 44720


OVERVIEW

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

FOR SALE DETAILS

PRICE

$330,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.49

LAND SF

21,382

ZONING

Mixed Use

APN/PARCEL ID

02014507

ASK ABOUT THIS PROPERTY

Jovan BursonHoward Hanna Real Estate ServicesMore Info
330-354-4862

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Jovan BursonHoward Hanna Real Estate ServicesMore Info
330-354-4862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.