41.27691 -80.84721

249 Folsom Street Warren, OH 44483

250260683 41.27691 -80.84721 350 /listing/250260683-150234370/249-folsom-street-warren-oh-44483 False 0 695000.0 101 4133113 False
  • $695,000
  • Est payment $3730.91/mo

Property & Neighborhood Info

Courtesy Of Evenbay Real Estate LLC

Condo in Warren

Includes 2 separate 8 plex apartment buildings-249 Folsom and 271 Folsom. All apartments are 2 bedroom, 1 bath. Coin operated laundry. Many improvements and great rental history with this turn-key operation. Rent Rolls and financials available upon request. The sellers have made some very large capital improvements over the last few years. The last 12 to 18 months has consisted of a unit rehab phase on a total of 8 units effecting the expense and NOI accordingly. We currently have all but two units rented and finished unit rehab. At 100% occupancy the property could generate a gross income of $106k With running at two vacancies 88% occupancy would be around $93k Some Capital improvements have consisted of storm drain under parking lot, all new paved parking lot, plumbing, electrical and 8 rehabbed units.

Courtesy Of Evenbay Real Estate LLC

Main Features

  • Listing Status: Active
  • Year Built: 1981
  • County: Trumbull County
  • Taxes: $11,276.00
  • MLS Number:4133113

Additional Features

  • Cooling:
    • Wall Unit(s)
  • Building Square Feet:
    • 0
  • Property Subtype:
    • Apartment
  • Roof:
    • Asphalt
    • Fiberglass
    • Pitched
  • Basement:
    • None
  • Heating:
    • Gas
    • Hot Water
    • Steam
  • Sewer:
    • Public Sewer
  • Water:
    • Public
  • Lease Option:
    • N
  • Tenant Pays:
    • Cable TV
    • Electricity
  • Listing Type:
    • Exclusive Right To Sell
  • Listing Key:
    • 359400355
  • Parcel Number:
    • 46-194464
  • Possession:
    • Delivery Of Deed
Neighborhood info courtesy of Homes.com © 2020

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$38,769.95*
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Cheryl Stevens
Cheryl Stevens
Broker/Owner
120 Niles Cortland Road SE Warren OH 44484
41.27691 -80.84721

249 Folsom Street Warren, OH 44483

250260683 41.27691 -80.84721 350 /listing/250260683-150234370/249-folsom-street-warren-oh-44483 False 0 695000.0 101 4133113 False
  • $695,000
  • Est payment $3730.91/mo