1616 Bank Place SW, Canton, OH 44706

$31,900
2
BD
1
BA
1,024
SqFt

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Sold Price
$31,900
List Price
$?
Status
CLOSED
Style
Colonial
Stories
2
MLS#
5214435
Year Built
1890
Closing Date
Sep 03, 2026
Bedrooms
2
Bathrooms
1
Living Area
1,024
Region
Canton
Township
Canton
Subdivision / Building
City/Canton

Property Description

Investment Opportunity! Residential Rental Portfolio - (8) Income Producing Properties, Buy 1 Or All. Live Onsite with Online Bidding. Absolute auction, all sells to the highest bidder(s). Auction Location: 2722 Fulton Dr., Canton, OH 44718. ONLINE BIDDING BEGINS TUESDAY, JUNE 9, 2026, AT 9:00 AM, AND AUCTION LIVE ON-SITE BIDDING WILL BEGIN WEDNESDAY, JUNE 10, 2026, AT 2:00 PM. 1616 Bank offers a turnkey income-producing property with a strong long-term tenant already in place, generating $1,100/month in rental income. This is a solid addition to any investor's portfolio with dependable cash flow from day one. Key features include a newer roof, updated electrical system, and a newer hot water tank. With a stable occupancy history, key mechanical updates have already been completed, and a well-maintained exterior setup, this property is positioned as a low-hassle, income-generating asset in a consistent rental market. Auction #1: 493 Bacon Ave, Akron, OH 44320. Auction #2: 1105 Oak Ave SE, Massillon, OH 44646. Auction #3: 638 Walnut Road SW, Massillon, OH 44647. Auction #4: 1149 Wertz Ave SW, Canton, OH 44646. Auction #5: 1616 Bank PL SW, Canton, OH 44706. Auction #6: 2314 Indiana Way NE, Canton, OH 44705. Auction #7: 1438 Rowland Ave NE, Canton, OH 44705. Auction #8: 2907 25th St NE, Canton, OH 44705. Note: To be offered multi-par, the highest bidder(s) can select one property, multiple, or all. Call the Auctioneer with questions. On-site and Online Bidding Available. All properties will be open for viewing on June 3rd.

Additional Information

Taxes
$895
Acres
0.08
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Gas
Cooling
Central Air
School District
Canton CSD - 7602

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Listing Courtesy of: Claudia M Margelowsky, cmargelowsky@kikocompany.com With Kiko

Selling Office: Kiko.

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