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$229,900

506 Maple Street, Elmwood Place, OH 45216

4 beds
2,038 sqft
Residential Income
Built in 1870
0.09 acres
77 days on market
MLS# 1883371
$113/sqft

About this home

Investor opportunity with immediate cash flow! Fully occupied triplex generating $2,850/month ($34,200 annually). Unit mix includes one studio ($850), one 1-bedroom ($900), and one 2-bedroom ($1,100). Major updates include remodeled kitchens and baths, new laminate flooring, carpet, paint, lighting, updated electrical and plumbing, newer appliances, and a new hot water tank. The roof and furnace are approximately 4 years old, helping minimize capital expenditures. Ideal for investors seeking a stabilized asset with reliable income and value-add potential through future rent increases. Convenient location with strong rental demand. 24-hour notice required for all showings due to tenant occupancy.

Facts & features

Interior

Bedrooms
4
Square Feet
2,038

Property

Property Type
Residential Income
Year Built
1870
Lot Size
0.09 acres

Listing details

Price
$229,900
Status
Canceled
Days on Market
77
MLS Number
1883371
Listing Agent
Patrick Cagney
Brokerage
Coldwell Banker Realty

Features

Style
Multi Family
Basement
Partial
Heating
Natural Gas, Forced Air
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Water
Public
Patio
Porch

Location

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