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Commercial Real Estate for Sale at 3018,3022,3033 Northgate Avenue in Youngstown, OH for $500,000

Listing data last changed 06/02/2025 - 12:45pm
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3018,3022,3033 Northgate Avenue | Youngstown

$500,000 | 0.0 Sq. Ft.

This outstanding investment package includes 6 residential rental units contained in 3 duplexes on the same street in charming Liberty Township OH. Each building has two units consisting of one 2/1 and one 3/1 layouts with a CAP rate of 9.5%. All units have been well maintained by the current property management company - Without Worry Property Management which offers management services starting at just 5%. Most of the units have been lightly or fully remodeled over the past 3-5 years. These units are a cash flow machine. All have been Sec 8 approved to maximize potential tenants and rental rates with room for rental increases due to long term tenants. A full 2024 P\u0026L and rent roll are available to view with a signed nondisclosure agreement. There is also a 4th property available on the next street over. It is a 1584 sq. ft. single family ranch with great rental history. Total package price for all 7 units is $650,000 with a cap rate of 9.0% MLSNow 5127182 Directions to property: South on Belmont Ave. Left on Colonial Dr. Left on Green Acres Dr. Left on Northgate Ave.

MLS Listing ID: 
MLSNow 5127182
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Youngstown
Address: 
3018,3022,3033 Northgate Avenue, Youngstown, OH 44505
County: 
Trumbull
Latitude: 
41.1385220
Longitude: 
-80.6612630
Directions: 
South on Belmont Ave. Left on Colonial Dr. Left on Green Acres Dr. Left on Northgate Ave.
Public Remarks: 
This outstanding investment package includes 6 residential rental units contained in 3 duplexes on the same street in charming Liberty Township OH. Each building has two units consisting of one 2/1 and one 3/1 layouts with a CAP rate of 9.5%. All units have been well maintained by the current property management company - Without Worry Property Management which offers management services starting at just 5%. Most of the units have been lightly or fully remodeled over the past 3-5 years. These units are a cash flow machine. All have been Sec 8 approved to maximize potential tenants and rental rates with room for rental increases due to long term tenants. A full 2024 P\u0026L and rent roll are available to view with a signed nondisclosure agreement. There is also a 4th property available on the next street over. It is a 1584 sq. ft. single family ranch with great rental history. Total package price for all 7 units is $650,000 with a cap rate of 9.0%
Community Information
School District: 
Liberty LSD - 7813
Subdivision: 
Colonial Heights
Building Details
Details about the building on a property.
Year Built: 
1957
Living Area: 
0.0
Construction
Foundation Details: 
Slab
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.24
Lot Size (Area): 
0.24
Lot Features
Parking Type: 
Driveway
Public Record
Parcel Number: 
12-072825
Annual Tax: 
$3,181.00
Contract Details
Details about the listing contract.
Possession: 
Other
Disclosures: 
Owner Is Listing Agent
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Berkshire Hathaway HomeServices Stouffer Realty

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