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Don't have an account?Estimated Monthly Payment: $341.07
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Turnkey investment opportunity in Canton! This well-maintained duplex at 1202 Lawrence Rd NE features two 2-bedroom, 1-bath units, each currently generating $800 per month in rental income. The property also includes an additional parcel across the street, providing valuable off-street parking for tenants, along with an oversized storage shed offering ample space for equipment, tools, or maintenance supplies. Recent improvements help minimize future expenses and enhance tenant appeal. Unit 1 features a new refrigerator, new range, new luxury vinyl plank flooring in the kitchen, updated kitchen lighting, a new shower head, updated smoke and carbon monoxide detectors, and new GFI outlets. Unit 2 has been refreshed with a new refrigerator, luxury vinyl plank flooring throughout, fresh interior paint, updated smoke and carbon monoxide detectors, and updated GFCI outlets. Additional updates include all water heaters being properly grounded in compliance with the City of Canton building code. Whether you're looking to add to your portfolio or begin investing in multifamily real estate, this income-producing property offers strong potential with key updates already completed. Ideally to be sold with triplex next door. MLS# 5215513
$120,000
Estimated Monthly Payment: $341.07 (including taxes & insurance estimates)
Edit mortgage details for a more accurate payment| City: Canton | Property Type: Multi Unit - Multiple | |
| Subdivision: Canton | Lot Size: 0.17 Acres | |
| School District: Canton City | Bedrooms: 4 | |
| Taxes: $468 | Bathrooms: 2 full | |
| Status: Pending | Square Feet: 1380 | |
| Year Built: 1910 | MLS#: 5215510 |
| Property Type: Multi Unit - Multiple | Lot Size: 0.17 Acres | |
| Appliances: Range, Refrigerator | Parcel#: 00223283 | |
| Basement: Exterior Entry, Unfinished | Parking: Off Street, Parking Lot | |
| Basement: Yes | Roof Type: Asphalt, Fiberglass | |
| Cooling: Central Air | Sewer: Public Sewer | |
| Days on Site: 54 | Stories: 2.0 | |
| Exterior: Vinyl Siding | Taxes: $468 | |
| Fencing: Chain Link | Water: Public | |
| Heating: Forced Air | Year Built: 1910 | |
| Laundry: In Basement |
| School District: Canton City |
Listed By
Agency Name: Key Realty
Agency Contact: Mkmariarealtor@gmail.com, 440-896-9260
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
| Fips |
| Fips Code39151 |
| Population |
| 2020 to 2025 Changedown 0.3% |
| 2010 Count375,586 |
| 2020 Count374,853 |
| 2025 Estimate (V2025)373,771 |
| 2020 Estimate (V2025)374,864 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1721.3% |
| 18 to 6452.1% |
| 65 and Older21.4% |
| Gender |
| Male48.9% |
| Female51.1% |
| Place of Birth |
| Foreign2.2% |
| US97.8% |
| Education |
| High School Graduate, Age 25+93.2% |
| Bachelor's Degree or Higher, Age 25+25.9% |
| Computer and Internet use |
| Households with a computer94.1% |
| Households with a broadband Internet subscription87.4% |
| Language |
| English is Second Language, Age 5+3.1% |
| English is First Language, Age 5+96.9% |
| Veterans |
| Veterans20,943 |
| Income |
| Per Capita Income$36,762 |
| Median Household Income$67,934 |
| People in Poverty12.4% |
| Commute |
| Average Work Commute Time22 minutes |
| Housing |
| Total Housing Units167,998 |
| Households155,955 |
| Average Household Size2.35 |
| Owner-Occupied69.2% |
| Multi-Family20.0% |
| Owner-Occupied Median Value$186,400 |
| Median selected monthly owner costs -with a mortgage$1,336 |
| Median selected monthly owner costs -without a mortgage$516 |
| Median gross rent$909 |
| Building Permits |
| New Private Housing Issued 2024528 |
| Years at Residence |
| 1 Year or More90.4% |
| Less Than 1 Year9.6% |
| Business and Employment |
| Private non-farm Establishments8,181 |
| Private non-farm Employment139,706 |
| Private non-farm Employment Growthdown 2.9% |
| Nonemployer Establishments28,377 |
| Number of Firms6,052 |
| Business Production |
| Value of Shipments$11,181,630,000 |
| Wholesale Trade$3,874,927,000 |
| Retail Trade$5,377,131,000 |
| Retail Sales Per Capita$14,219 |
| Accommodation and Food Services$745,822,000 |
| Land |
| Land Area575.27 sq. miles |
| Population Per Square Mile653 |
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