689 Colony Road, Canal Fulton, OH 44614 - $599,000
- Beds: 0
- Baths:
- Sq. Feet: 0
- Days on Site: 13
Comments for 689 Colony Road, Canal Fulton, OH 44614
Turnkey, income-producing 8-unit apartment complex in the heart of Canal Fulton. This fully occupied property delivers immediate cash flow with a proven rental history and stable tenant base. The unit mix includes four 1-bedroom and four 2-bedroom units, providing diversified rental income. Each unit features a private basement with laundry hookups--an added tenant convenience that supports retention and reduces shared maintenance. Operating efficiency is a key highlight: gas and electric are separately metered and paid directly by tenants, minimizing owner expenses. All units are equipped with central air conditioning, enhancing marketability and rental demand. The property includes two drive entrances and large paved parking area, offering ease of access and ample parking capacity. Well maintained and priced to sell, this is a strong addition to any portfolio--ideal for investors seeking immediate returns.
$599,000
Estimated Monthly Payment: $2,152.07 (including taxes & insurance estimates)
Edit mortgage details for a more accurate paymentProperty Details
| City: Canal Fulton | Property Type: Commercial - Business | |
| Lot Size: 0.61 Acres | School District: Northwest Local | |
| Taxes: $7,731 | Status: Pending | |
| Year Built: 1981 | MLS#: 5207162 |
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| Property Type: Commercial - Business | Parking: Additional Parking, On Site | |
| Basement: Full, Unfinished | Roof Type: Asphalt | |
| Basement: Yes | Sewer: Public Sewer | |
| Cooling: Central Air | Taxes: $7,731 | |
| Days on Site: 13 | Units: 8 | |
| Heating: Forced Air, Gas | Water: Public | |
| Lot Size: 0.61 Acres | Year Built: 1981 | |
| Parcel#: 09501695 |
School Information
| School District: Northwest Local |
Listed By
Agency Name: RE/MAX Showcase
Agency Contact: EvonneSnyder@Remax.net, 330-464-9699
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
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 |