Description
?? 9.53% CAP RATE | TURNKEY INVESTMENT | EXCEEDS THE 1% RULE! Start collecting income from day one with this fully renovated, tenant-occupied Colonial at 132 S Haines Ave in Alliance, OH. Priced at $125,000 and generating $1,350/month in rent, this property offers an estimated 9.53% cap rate with exceptionally low property taxes of approximately $700/year. Major updates include a new furnace, hot water tank, remodeled kitchen with new appliances, two updated bathrooms, and a freshly sealed basement. The 1,460 sq ft home also features modern finishes, covered porches, and a fully fenced backyard. A true turnkey opportunity for investors seeking immediate cash flow and strong returns. Property is professionally tenant-occupied. Do not disturb tenants. Clear title is ready. Inspections can be coordinated seamlessly upon a mutually accepted contract. Contact today to secure this hands-off, high-cash-flow addition to your real estate portfolio before it's gone!
Details
| MLS # | 5215646 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1902 |
| Days On Site | 79 |
| Listing Provided By | Hackenberg Realty Group | Melissa A Hackenberg |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,460 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.08 |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Alley Access, On Street |
Taxes
| Tax Annual Amount | 700 |
|---|
Area Information
| State | OH |
|---|---|
| County | Stark |
| City | Alliance |
| Zip Code | 44601 |
| Community Name | Alliance |
| Listing VS Median (in Alliance) | |
Price: $125,000 low | high Med: $149,500 sqft: 1,460 low | high Med: 1,201 $ / sqft: $86 low | high Med: $127 On site: 79 low | high Med: 174 | |
Market Activity 44601
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Learn More About This Property
| State | OH |
|---|---|
| County | Stark |
| City | Alliance |
| Zip Code | 44601 |
| Community Name | Alliance |
| Listing VS Median (in Alliance) | |
Price: $125,000 low | high Med: $149,500 sqft: 1,460 low | high Med: 1,201 $ / sqft: $86 low | high Med: $127 On site: 79 low | high Med: 174 | |