Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1901
Sq.Footage
N/A
Five-unit apartment building located at 18 5th St NE in Massillon offering approximately 3,203 square feet. Current gross rents total $2,415 per month with one unit vacant, equating to $28,980 in annualized gross income at current occupancy. Rent breakdown as follows: Unit 1 Rear – $650; Unit 1AA – $520; Unit 2 – $670; Unit 3 – $575. Tenants pay electric; owner pays water, sewer, trash, gas, and lawn care. Annual real estate taxes are $2,475.46. Electric is separately metered. Unit 3 is leased on a 12-month term through 2/28/27; the remaining occupied units are month-to-month. All units have been filled with new tenants since 2024. Units 3 and 4 have been recently renovated, and Units 1AA and 1 Rear were renovated in 2024. The building furnace was replaced in 2025 and the main plumbing stack was replaced in 2024, addressing major mechanical components. Property was built in 1901 and features on-street parking. Management is in place and willing to keep managing. Rent roll along with 2024, 2025, and year-to-date P&L statements are attached in supplements. Schedule your showing today!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.094
-
Property Type
Commercial Sale
-
Property Sub Type
Apartment
Price
-
Sales Price
$215,000
-
Tax Amount
$2,476
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Massillon CSD - 7609
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Stark
Elementary School
Massillon CSD - 7609
Middle School
High School
Listing Courtesy of Tyler Kuhns , Stewardship Realty LLC
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Team Lead / Realtor®
Tyson Hartzler
Call Tyson today to schedule a private showing.
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