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$ 1,134,000
Est. payment /mo
New
2045 Glamorgan ST Alliance, OH 44601
0.96 Acres Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Lexington Centre 02
MLS Listing ID 5181565
HOA Y/N No
Year Built 1979
Annual Tax Amount $13,000
Tax Year 2025
Lot Size 0.960 Acres
Acres 0.96
Property Sub-Type Apartment
Property Description
Investor Alert! Value-add multifamily opportunity with immediate upside! This property features a strong unit mix of eight (8) 2-bedroom units and six (6) 1-bedroom units, currently operating at below-market rents.
Current gross income is approximately $7,645/month, offering a clear path to increased cash flow. With modest rent adjustments to market rates, projected gross monthly income jumps to $11,550.00/month, creating a significant upside for investors seeking forced appreciation.
Ideal for a hands-on or strategic investor looking to stabilize rents, increase NOI, and unlock long-term value. Solid fundamentals, desirable unit mix, and strong rental demand make this an excellent addition to any multifamily portfolio.
Current gross income is approximately $7,645/month, offering a clear path to increased cash flow. With modest rent adjustments to market rates, projected gross monthly income jumps to $11,550.00/month, creating a significant upside for investors seeking forced appreciation.
Ideal for a hands-on or strategic investor looking to stabilize rents, increase NOI, and unlock long-term value. Solid fundamentals, desirable unit mix, and strong rental demand make this an excellent addition to any multifamily portfolio.
Location
State OH
County Stark
Interior
Heating Radiant
Cooling Electric
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Detached, Garage, On Site, Parking Lot, Private
Water Access Desc Public
Present Use Residential,Single Family
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Marlington Lsd - 7608
Others
Tax ID 07700458
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Tracy Whaley • Keller Williams Legacy Group Realty • [email protected], 330-257-0829
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