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31 N Richview Avenue

Youngstown, OH 44509

$149,000 $628/Mo

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Overview

Bed

Bath

0.18

Acre(Lot)

Description

Cash-flow opportunity with strong upside! This brick four-unit property consists of three 2-bedroom apartments in the main building plus a separate 2-bedroom apartment above the detached garage. At projected market rents of approximately $800 per month per unit, the property has the potential to generate $3,200 per month in gross rental income ($38,400 annually). All utilities are separately metered and paid by tenants, minimizing owner expenses and maximizing income potential. The main building requires only minor drywall repairs and cosmetic updates in most areas. The detached garage apartment needs a new roof and additional improvements, creating an opportunity for investors to add value and increase returns. With a projected GRM under 4 at the current asking price, this property offers an attractive combination of current value, future cash flow, and appreciation potential. The solid brick construction, four 2-bedroom units, and separate utilities make this an excellent addition to an investment portfolio. Property is being sold as-is.

Property Details

Property Type : Residential Income

Price : $149,000

AD Id : 85748596

MLS Id : 5220796

Beds : 6

Lot Size : 0.18 Acre

Year Built : 1924

Garage : 2

County : Mahoning

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Rooms Total: 14 Has Basement: Yes Basement: Full
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

Building Information

Year Built: 1924 Construction Materials: Brick, Vinyl Siding Private Pool: No

Lot Information

Main Square Feet: 0.181 Acres Lot Size Acres: 0.181 Lot Size Source: Assessor

Listing Price Information

Listing Price: $149000

Tax Information

Parcel Number: 53-172-0-120.00-0 Tax Year: 2025 Annual Tax: $791 Tax Legal Desc: LOT 21059 50 X 158 RICHVIEW

Parking Information

Concrete, Detached, Garage

Garage Information

Has Garage: Yes Garage Space: 2

Location Information

Direction: From Mahoning Ave, travel north on N Richview Ave. Property is on the right. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
145 S Lakeview Avenue, Youngstown, OH, 44509	$150,000	3	3	1,788	1,788 SqFt
2217 Oakwood Avenue, Youngstown, OH, 44509	$225,000	8	4	--
56 N Osborn Ave, Youngstown, OH, 44509	$100,000	4	2	1,726	1,726 SqFt