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Niles,OH 44446
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $54
Subdivision Board/Trace Add/Niles
MLS Listing ID 5103450
Bedrooms 10
Full Baths 5
HOA Y/N No
Abv Grd Liv Area 4,500
Year Built 1928
Tax Year 2024
Lot Size 0.345 Acres
Acres 0.3452
Property Sub-Type Quadruplex
Property Description
Turn-key duplex investment generating $2,100/month with potential for $3,300+ monthly income. Perfect for house-hacking or seasoned investors.
The Package: Main brick duplex (4BR/2BA unit + studio apartment) plus adjacent side-by-side duplex. Four total rental units on generous lot with ample parking and 3-car detached garage.
Current Income: $2,100/month from three units (4/2 unit is currently owner-occupied). Rent the spacious main unit for $1,200+ to achieve $3,300+ monthly income. Studio apartment: $600/month. Side duplex units: $750/month each. All tenants month-to-month for maximum flexibility.
Property Highlights: Main unit features newer flooring, remodeled kitchen with walk-in pantry, updated bathrooms, and original woodwork that adds charm and character throughout. Large rooms, full unfinished basement, and unfinished 3rd floor/attic provide storage and expansion potential. Second-floor deck with steps offers additional access. Brick construction with recent exterior updates.
Outdoor Features: Ample parking. Fenced yard area. Oversized 3-car detached garage offers additional income potential for storage or parking rentals.
Convenient Location: Tenants enjoy Close proximity to Eastwood Mall Complex, Downtown Warren, and major highways within 10 minutes.
Location
State OH
County Trumbull
Interior
Heating Baseboard
Cooling None,Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Direct Access
Garage Spaces 3.0
Garage Description 3.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two,Three Or More
Schools
School District Niles Csd - 7818
Others
Tax ID 25-133300
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Third Party Approval,Standard