120/122 16th ST NW Pending Save Request In-Person Tour Request Virtual Tour
Canton,OH 44703
OPEN HOUSE
Sat Nov 08, 1:00pm - 2:30pm
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 5169609
Bedrooms 4
Full Baths 2
Half Baths 2
Construction Status Fixer
HOA Y/N No
Year Built 1965
Annual Tax Amount $2,537
Tax Year 2024
Lot Size 4,634 Sqft
Acres 0.1064
Property Sub-Type Duplex
Property Description
Exceptional opportunity for an investor or dedicated owner-occupant to acquire a value-add duplex with significant upside potential.
This property is being sold STRICTLY AS-IS, WHERE-IS with no repairs or clean-out provided by the seller. The home features 2 units with both long-term tenants (17 years), presenting a unique scenario: Unit A (Stable income): This unit overall is in good and clean condition, has been lived in well for 17 years. Unit B (Value added): Condition reflects extensive deferred maintenance and a substantial accumulation of personal property, requiring a full clean-out and comprehensive renovation. Plumbing issues need to be addressed to active leaks and subsequent damage. PROPERTY-WIDE NEEDS- The new owner will need to budget for major capital improvements, including full roof replacement and necessary upgrades to the plumbing systems. The price reflects the scope of work required to reposition the asset and maximize future rental income. All buyers must have a clear understanding of the renovation and cleanout required.
With that said, these units are in a solid brick duplex that is walking distance to all the GREAT amenities of downtown Canton.
Location
State OH
County Stark
Rooms
Basement Concrete
Interior
Heating Gas
Cooling Window Unit(s)
Fireplace No
Laundry Washer Hookup,In Basement
Exterior
Parking Features No Garage,Off Site,On Site,On Street
Fence None
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Lot Description Back Yard,Front Yard
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Fixer
Schools
School District Canton Csd - 7602
Others
Tax ID 00209496