Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Forced Air

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.454

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $459,000

  • Tax Amount

    5539.0

  • Zoning

    Commercial

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Austintown LSD - 5001

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

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Location

County

Mahoning

Elementary School

Austintown LSD - 5001

Middle School

High School

Listing Courtesy of Vincent Hillard , Berkshire Hathaway HomeServices Stouffer Realty

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Corner location on busy Mahoning Ave in Austintown.  Located at the signalized corner of Idaho Rd and Mahoning Ave with over 20,000 cars per day passing by.  Currently operating as a restaurant with drive thru, but can accommodate a variety of retail as well.  Hood with Ansul system is up to date.  3 bowl sink included.  2 ADA bathrooms.  A billboard on the property provides additional income.  Zoned B2 Business.  This building is also being offered for lease.

4777 Mahoning Avenue

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Related Properties

Welcome to 365 E Midlothian Blvd, Boardman Ohio.
This property is a three-story apartment building featuring 11 units. Currently operating at 60% occupancy. There is plenty room for growth and INCOME!

Property Highlights:
Year Built: 1954
Stories: 3 
Parking: 4 Car Carport plus additional parking "up to 8 more spaces"
Boardman School District
Located on a Bus route in walking distance of McDonald's, BP, and the neighboring Dollar Store. 
Total Units: 11
Each unit has the option for separate Electric and Gas. Each unit has its own Heating source. 
Unit Sizes: 1–3 Bedrooms
Currently the property manager is renting the property by the bedroom. $600 per shared unit room and $750 per unit for 1 Bedroom apartments.
All tenants have month to month leases.
The property manager has created a rent/roll P&L document that can be emailed to all interested parties. 
Laundry room
Secure Entry
Currently the Property manager has included the cost of Electric and Gas into the tenants rent. With this expense and at 60% occupancy based on the per bedroom strategy used, the property still has a cap rate of 5% contingent on insurance and finance cost. 

Potential value adds for new owner: Occupancy, Coin Laundry, Transferring the cost of Gas and Electric to tenants, optional reserved parking spaces, optional upgrades of units for additional rental value. 

Contact me today for the Property Manager's Rent Roll/ Profit and Loss doc.
#5114808

Youngstown

365 E Midlothian Boulevard

None Beds

None Baths

N/A

$550,000

MLS#: 5114808

This outstanding investment package includes 6 residential rental units contained in 3 duplexes on the same street in charming Liberty Township OH. Each building has two units consisting of one 2/1 and one 3/1 layouts with a CAP rate of 9.5%. All units have been well maintained by the current property management company - Without Worry Property Management which offers management services starting at just 5%. Most of the units have been lightly or fully remodeled over the past 3-5 years. These units are a cash flow machine. All have been Sec 8 approved to maximize potential tenants and rental rates with room for rental increases due to long term tenants. A full 2024 P&L and rent roll are available to view with a signed nondisclosure agreement. There is also a 4th property available on the next street over. It is a 1584 sq. ft. single family ranch with great rental history. Total package price for all 7 units is $650,000 with a cap rate of 9.0%
#5127182

Youngstown

3018,3022,3033 Northgate Avenue

None Beds

None Baths

1,632 Sq.Ft.

$500,000

MLS#: 5127182

 - property

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