This exceptional six-unit apartment building presents a compelling investment opportunity in Youngstown, Ohio. Situated on a tranquil 0.32-acre wooded lot in Boardman, this property offers six spacious two-bedroom, one-bathroom units, each featuring generously sized 16' x 20' bedrooms. Currently generating a gross monthly rent exceeding $5,394, all units are occupied, providing immediate cash flow. Recent renovations have significantly enhanced the property's appeal and value. Units 1, 2, 4, and 6 have undergone extensive upgrades, including new carpeting, fresh paint, and updated kitchens. Unit 1 boasts brand new appliances, plumbing, and countertops. Units 3 and 5, occupied by long-term tenants, have also received recent improvements. Unit 6 features newly refurbished cabinets and updated plumbing. The building's infrastructure has been meticulously maintained, with recent upgrades including a new commercial hot water tank, a serviced boiler, updated windows, and a new roof installed in 2022. Further improvements include a new commercial coin-operated dryer, updated sump pumps, and an enhanced security system featuring a water alarm. Tenants enjoy convenient on-site amenities such as ample parking and a coin-operated washer/dryer. The central hallway and stairwell have also been recently refurbished. This well-maintained, income-producing property offers a rare opportunity for investors seeking strong returns in a desirable location. The 5,184 square foot building at 8156 Southern Boulevard is ready for immediate ownership.
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