1580 Florencedale AVE new Save Request In-Person Tour Request Virtual Tour
Youngstown,OH 44505
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision City/Youngstown
MLS Listing ID 5152090
Bedrooms 12
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1922
Annual Tax Amount $1,435
Tax Year 2024
Lot Size 9,016 Sqft
Acres 0.207
Property Sub-Type Quadruplex
Property Description
Turnkey 4-Plex Investment Property – Fully Renovated & Cash-Flowing
Investor's Dream! This fully updated 4-unit multifamily property is producing $45,000 annually in gross rental income with positive cash flow from day one. Each unit has been completely renovated, making this a true turnkey opportunity for seasoned investors or those just starting their rental portfolio. Property Highlights: Four 3 bedroom Units – Fully Updated Inside & Out, Brand New Roof & Gutters, All 4 Furnaces Replaced, All 4 Hot Water Tanks Replaced, Modern Kitchens in Every Unit, Four Brand-New Bathrooms, New Decks on Each Unit, Driveway Recently Re-Sealed
Investment Details: Gross Rents: $45,000/year, All 4 Units are Section 8 Approved and occupied – Guaranteed Monthly Income. Turnkey Property – No Work Needed. Just 2 miles from YSU campus, close to hospitals, shopping, and major employers. This is a high-demand rental location with stable tenants and reliable cash flow. The current owner has already invested in all the big-ticket upgrades, giving you peace of mind and maximum return on investment. Whether you're looking to expand your portfolio or secure a rock-solid first investment, this multifamily income property checks all the boxes. Call today before this one is gone!
Location
State OH
County Mahoning
Rooms
Basement Full,Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Asphalt
Water Access Desc Public
Roof Type Flat
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Youngstown Csd - 5014
Others
Tax ID 53-011-0-157.00-0
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard