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71 31st St Southwest,
Barberton, OH 44203

$68,500 MLS: 3846117

Owner occupy and rent one half of this Two family dwelling or utilize as investor property with good ROI. The large 2/12 car garage is ideal for hobby types or added rental income. Freshly painted interior, Separate electric meters, gas, sewer and water prorated to tenants. Close to shopping, schools, and US Rt 21 to I-77. Seller motivated wanting having developed interest beyond income properties.All new interior paint, 25 ELK year roof. upgraded with Alside vinyl windows, Insulated walls and attic by Lucas Insulation. Income Expense information based on recent vacated tenant: Gross Income (Based on prior tenants) Rent Apartment 1 $7,200.00 Apartment 2 $6,300.00 Gross Income $13,500.00 5% Vacancy Allowance $675.00 Pro-forma NOI $12,825.00 income Operating Expense Real Estate Tax $1,735.00 Insurance $1,001.00 Maintenance $675.00 Utilities Gas $160.00 Misc. $300.00 Total Annual Exp $3,871.00 Offering Price; $68,500.00 R.O.I 13.07% Based on asking price N.O.I. $8,954.00
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