1206 Lawrence Road Ne, Canton, OH 44705 - $140,000

Comments for 1206 Lawrence Road Ne, Canton, OH 44705

Turnkey triplex opportunity in Canton with immediate income and additional upside! This well-maintained property features three units, including two occupied units currently generating $1,725 per month in rental income, while the third vacant unit provides flexibility for an owner-occupant or the opportunity to lease for additional cash flow. The property consists of one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. Numerous recent updates have been completed throughout the building, including all water heaters being grounded in compliance with the City of Canton requirements. Unit 1 features a new refrigerator along with updated smoke/CO detectors and GFI outlets. Unit 2 offers new luxury vinyl plank flooring, updated smoke/CO detectors, and GFI outlets. The vacant Unit 3 has been extensively refreshed with new luxury vinyl plank flooring throughout, fresh interior paint, a new refrigerator, updated hallway and bedroom lighting, a new bathroom faucet, and updated smoke/CO detectors and GFCI outlets. A standout feature of this property is the additional parcel located across the street, providing valuable off-street parking and covered parking spaces for tenants. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this triplex offers a great opportunity with strong potential. Ideally sold with the duplex next door. MLS# 5215510