Property for sale in Canton - 41701512 - Advertised on propertyO by Global Investments Incorporated

House for sale

£84,837

Ohio, Stark County, Canton, USA Property ID: 41701512


Property description

This lovely three bedroom single family home is located in Crystal Park in NE Canton which is just 2.7 miles
from the Pro Football Hall of Fame & the Canton Museum of Art.
The property has three spacious bedrooms, one bathroom, a full basement, a large rear garden. The
property will be supplied by the seller completely refurbished throughout and made rental ready. The works
are included in the price and will begin as soon as the new owner closes on the property. Example pictures of
the last completed project by the builder are supplied on pages 2-5 in this brochure. When the works are
complete the management company will place brand new vetted tenants. The house should achieve $1,100 –
$1,200 in rent each month. The tenants could be Section 8 housing.
Crystal Park, a Canton neighbourhood founded in 1892, is a suburb about 1 mile east of downtown Canton.
The neighbourhood is a quick drive from downtown retail, dining, hospitals and parks. Crystal Park lies
conveniently near two major roads, Mahoning Road NE and Harrisburg Road NE, and has many SARTA bus
stops for public transportation across Canton. The house sits right in between and walking distance to
Crenshaw Middle School & Youtz Intermediate School.

Investment Calculations
Purchase price
$99,900
Gross annual rental income:
$14,400
Property running costs:(Tax, insurance and management costs)
$9,564
Net annual rental income:
$4,836
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

15%

Break even in

6.6 Years.

Contact Global Investments Incorporated about this property

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