550-554 Magnolia Avenue, Cuyahoga Falls, OH 44221
- $324,000
- 8
- BD
- 4
- BA
- List Price
- $324,000
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5245660
- Year Built
- 1940
- Bedrooms
- 8
- Bathrooms
- 4
- Region
- Cuyahoga Falls
- Township
- Cuyahoga Falls
- Subdivision / Building
- Tallmadge 01
Property Description
Great Investment Opportunity in Cuyahoga Falls! This well-maintained triplex offers an excellent opportunity for investors or owner-occupants looking to generate rental income. The spacious main-floor unit features 4 bedrooms and 2 bathrooms and has been remodeled and updated, including a beautiful kitchen with granite countertops, new flooring, and all new appliances. The property consists of three separate units, providing multiple income streams. Two of the units have established rental histories, with one tenant in place for approximately 12 years and the back house tenant for approximately 7 years. Current rents include $975/month for the back house and $550/month for the upstairs unit. With a remodeled 4-bedroom unit, long-term rental history, multiple units, and recent improvements, 550 Magnolia offers a great opportunity to add a solid income-producing property to your investment portfolio. Agent related to seller.
Additional Information
- Taxes
- $2,300
- Acres
- 0.45
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Garage Spaces
- 1
- Heating
- Baseboard, Electric, Forced Air, Gas
- Cooling
- Central Air
- School District
- Cuyahoga Falls CSD - 7705
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Listing Courtesy of: Chelsea Reed, CReed@mosholder.com With Mosholder Realty Inc.
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