Advertised as a low-lift, turnkey-ready investment opportunity. The property features a functional 1,344 sq. ft. layout designed for low maintenance and strong long-term tenant retention. Main updates and foundational work are largely complete, requiring only minor cosmetic touch-ups (paint/surface touch-ups) before tenant placement. Additional highlights include a full unfinished basement for extra storage, public utilities (forced-air natural gas heat), and low holding costs. Investment Opportunity HighlightsLow Entry Price Point: At $55,000, it presents a very accessible barrier to entry for novice investors or seasoned landlords expanding a local portfolio. Minimal Rehab & Quick Turnaround: Because major systems are in place, holding costs and pre-occupancy downtime are minimized, accelerating cash-on-cash returns.Low Overhead: Annual property taxes sitting around $500 keep fixed operational expenses minimal, maximizing net operating income (NOI).Submarket Rent Potential: Single-family 3-bedroom rentals in Canton's 44705 zip code typically command solid market rents relative to purchase price, providing favorable cap rates and strong cash flow upside.
Listed By
Agency Name: Red 1 Realty, LLC.
Agency Contact: Jeff@JSREALTORTEAM.com, 419-295-6771
Shown By
Agent Name: David Angione
Agent Phone: (330) 323-6396
Agency Title: DeHOFF REALTORS
Estimated Payment
$ 324.01 per month $242.97 Principal & Interest $65.00 Property Tax $16.04 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1316 Saint Elmo Avenue Ne | MLS# 5257545
This single family home located at 1316 Saint Elmo Avenue Ne, Canton, OH 44705 is currently listed for sale with an asking price of $55,000. This property was built in 1916 and has 3 bedrooms and 1 full baths. Saint Elmo Avenue Ne is located within the Canton City school district. Search Canton real estate on dangione.dehoff.com today.