Property Description

Well-maintained 4-unit multifamily property offering immediate cash flow with all units fully rented bringing in $2944/monthly! This income-producing asset has undergone recent plumbing upgrades along with cosmetic improvements throughout, providing peace of mind for the next owner and minimizing future capital expenses. Property is ideal for both seasoned investors and those looking to expand their portfolio with a low-maintenance, turnkey asset. Convenient location with easy access to shopping, dining, major routes, and public transportation. Do not miss this solid investment opportunity with reliable income from day one! No Showings until accepted offer!

1018 9th Street NW | MLS# 5188867

This multi-family property located at 1018 9th Street NW, Canton, OH 44703 is currently listed for sale with an asking price of $165,000. 9th Street NW is located within the Canton City school district. Search Canton real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full, Unfinished

Cooling: None

Days on Market: 5

Heating: Gas

Lot Size: 0.08 Acres

Roof Type: Asphalt, Fiberglass

Stories: 3.0

Taxes: $2,555 / year

Year Built: 1910

Feature Descriptions

Exterior: Unknown

Parcel#: 00219344

Parking: On Street

Sewer: Public Sewer

Water: Public

Local Schools

School District: Canton City

Demographics

Stark County Demographic Information for 1018 9th Street NW, Canton, OH 44703

Fips

Fips Code 39151

Population

2020 to 2023 Change down 0.6%

2010 Count 375,586

2020 Count 374,853

2023 Estimate (V2023) 372,716

2020 Estimate (V2023) 374,864

Age Distribution (Years Old)

0 to 4 5.3%

5 to 17 21.3%

18 to 64 52.7%

65 and Older 20.7%

Gender

Male 49.0%

Female 51.0%

Place of Birth

Foreign 2.2%

US 97.8%

Education

High School Graduate, Age 25+ 92.7%

Bachelor's Degree or Higher, Age 25+ 24.1%

Computer and Internet use

Households with a computer 92.4%

Households with a broadband Internet subscription 84.8%

Language

English is Second Language, Age 5+ 3.3%

English is First Language, Age 5+ 96.7%

Veterans

Veterans 21,951

Income

Per Capita Income $34,652

Median Household Income $63,130

People in Poverty 13.2%

Commute

Average Work Commute Time 22 minutes

Housing

Total Housing Units 167,998

Households 154,690

Average Household Size 2.37

Owner-Occupied 68.2%

Multi-Family 20.0%

Owner-Occupied Median Value $164,900

Median selected monthly owner costs -with a mortgage $1,268

Median selected monthly owner costs -without a mortgage $483

Median gross rent $838

Building Permits

New Private Housing Issued 2023 509

Years at Residence

1 Year or More 88.8%

Less Than 1 Year 11.2%

Business and Employment

Private non-farm Establishments 8,029

Private non-farm Employment 135,584

Private non-farm Employment Growth down 2.9%

Nonemployer Establishments 27,851

Number of Firms 29,680

Business Production

Value of Shipments $11,181,630,000

Wholesale Trade $3,874,927,000

Retail Trade $5,377,131,000

Retail Sales Per Capita $14,219

Accommodation and Food Services $745,822,000

Land

Land Area 575.27 sq. miles

Population Per Square Mile 653

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,066.08 per month $805.04 Principal & Interest $212.92 Property Tax $48.13 Homeowner's Insurance

Change Payment Information

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1018 9th Street NWCanton, OH 44703