24 E Broad Street

Estimated Monthly Payment: $1,377/mo 24 E Broad Street, Newton Falls, OH 44444 MLS# 4105781 Commercial Sale Listing Status: Active
7,919 sqft
2
0
0
0

REMARKS:

Almost 8,000 sq ft bldg with 1,300 sq ft of office & 2 baths, currently rented to Ins co for 30 years and 6 rental units. Vinyl siding, tilt windows and 10 yr roof. Boiler updated 30 years ago and maintained yearly by Phillips Heating. unit A (1 BR) rented for 25 years for $ 375.00, unit B (1 BR) currently vacant, unit C (3 small BRs) rented for 29 years for $ 300.00, unit D (2 BR) rented for 9 years for $ 475.00, unit E (2 BR and office space) owner has lived there for 48 years. Unit F is an efficiency currently vacant. Stove and refrigerator in each unit that stay except efficiency currently does not have a stove but gas line is there to hook one up. Seller pays gas, (bill is $ 170.00 mo) water, sewer and trash. Electric is separate and tenants pay (owners and efficiency together). Electric updated. Full basement under back original building, only the owner uses. Front bldg has no bsmt and built in the early 1970's. with a storage room, currently mostly used by the owner. 2 car detached garage currently used by owner has newer roof . Approx 8-10 parking spaces in back for rentals and street parking for business. Boiler inspection requirement yearly by Ohio Commerce at 59.00/yr in April. Back Flow Inspection requirement yrly at 125.00 /yr in Jan. All apts have 10 yr new smoke detectors and batteries.

OVERVIEW:

Commercial Sale
Mixed Use
Active
Newton Falls Twp
Newton Falls Village
1901
7919
0.23
Fiberglass
Baseboard, Gas, Steam
None
Public, Public

ROOM INFO:

Full

FINANCIAL:

$245,000
$3,112

NEIGHBORHOOD & SCHOOL INFORMATION:

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