512 Shorb Avenue Nw, Canton, OH 44703 - $120,000

  • Beds: 4
  • Baths: 3 full
  • Sq. Feet: 2,388
  • Days on Site: 16
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512 Shorb Avenue Nw, Canton, OH 44703
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Comments for 512 Shorb Avenue Nw, Canton, OH 44703

Turnkey income-producing triplex with immediate cash flow! Fully occupied and generating $2,055 per month ($24,660 annual gross income), this well-maintained property offers investors the opportunity to acquire a stabilized asset with income in place from day one. The building features three rental units totaling over 2,300 square feet, providing a strong addition to any investment portfolio. Tenant-paid utilities help maximize returns while minimizing operating expenses. Conveniently located near shopping, dining, public transportation, and major commuter routes, this property continues to attract and retain tenants. Investors also have the unique opportunity to purchase an additional tenant-occupied single-family rental in Akron, creating the potential to expand their portfolio with multiple income-producing properties. Whether you're looking to grow your holdings, complete a 1031 exchange, or secure a cash-flowing asset in the Canton market, this fully leased triplex is worth a look. Financials available upon request. Reach out for possible owner financing terms.

$120,000

Estimated Monthly Payment: $407.32 (including taxes & insurance estimates)

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Property Details

City: CantonProperty Type: Multi Unit - Multiple
Subdivision: City/CantonLot Size: 0.14 Acres
School District: Canton CityBedrooms: 4
Taxes: $1,263Bathrooms: 3 full
Status: PendingSquare Feet: 2388
Year Built: 1900MLS#: 5250624

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Property Features

Property Type: Multi Unit - MultipleParcel#: 00236491
Basement: YesParking: Driveway, Off Street
Basement: Common Basement, UnfinishedRoof Type: Asphalt
Cooling: Ceiling Fan(s)Sewer: Public Sewer
Days on Site: 16Stories: 2.0
Exterior: Vinyl SidingTaxes: $1,263
Heating: Forced AirWater: Public
Laundry: In BasementYear Built: 1900
Lot Size: 0.14 Acres 

School Information

School District: Canton City

Listed By

Agency Name: 1st Cavalry Homes Real Estate & Property Mgmt.
Agency Contact: 234-230-2237, office@1stcavalryhomes.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555

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  • Demographics
  • Walk Score

Stark County Demographic Information

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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