Warren, OH 44483,249 Folsom ST
Warren, OH 44483,249 Folsom ST
Warren, OH 44483,249 Folsom ST
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$800,000
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1.33 Acres Lot
Price Dropped by $25K

249 Folsom ST Warren, OH 44483

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UPDATED:

12/10/2024 03:33 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Summerdale Avenue/Elm Lodge Park

MLS Listing ID 5044830

HOA Y/N No

Year Built 1981

Annual Tax Amount $12,356

Tax Year 2023

Lot Size 1.332 Acres

Acres 1.332

Property Description

Property Overview:
Discover this exceptional investment opportunity featuring two buildings, each with 8 spacious two-bedroom units, totaling 16 units. This property promises comfortable living and excellent income potential.

Unit Features:

Spacious Layout: Each unit offers generous living spaces, including large eat-in kitchens and ample living room areas.
Outdoor Access: All units provide walkouts to either a patio or a balcony, enhancing the living experience.
Climate Control: Each unit is equipped with thermostat-controlled boiler heat and wall-mounted air conditioning units, ensuring year-round comfort.
Common Areas:

Income-Generating Amenities: Each floor features coin-operated laundry facilities, providing additional income potential.
Recent Upgrades:

New Roofs: Both buildings had their roofs replaced in 2023, ensuring long-term durability and reducing maintenance costs.
This property combines modern amenities, spacious living, and reliable income streams, making it a prime investment opportunity. Don't miss out on this great deal!

Location

State OH

County Trumbull

Rooms

Basement None

Interior

Heating Gas, Hot Water, Radiant, Steam

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Coin-operated

Exterior

Parking Features Paved, Parking Lot

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Commercial,Multi-Family

Total Parking Spaces 36

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Champion Lsd - 7804

Others

Tax ID 46-194464

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange


Listed by Raymond Griggy • Keller Williams Chervenic Rlty • ray.griggy@gmail.com 330-518-6311

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agent

Ted Hanlon

Agent | License ID: SAL.2018003385

+1(740) 238-0052

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249 Folsom ST