2201 Cleveland Avenue NWCanton, OH 44709

Property Description

Stable, high-occupancy asset features six well-maintained units consisting of one efficiency, four one-bedroomapartments, and one large two-bedroom apartment. Backed by a strong track record of consistent, long-term tenancy,the property offers a highly efficient operation with exceptionally low turnover friction, typically requiring only routinepainting or light flooring updates between residents. The asset has benefited from an institutional approach to capitalexpenditure and preventative maintenance. Mechanically, the building features six individual tenant-paid gas metersand dedicated furnaces installed in 2012, alongside individual gas stoves in each unit. A unique seven-meter setup isutilized, dedicating the final meter exclusively to the owner's central hot water tank for accurate utility tracking. Modernstructural and amenity upgrades include custom steps and a deck built for units 1 and 2 in 2020, a hardwiredcommercial security camera system installed in 2022, and a comprehensive 2025 renovation of unit 7 which featuresa new exterior deck, new luxury flooring, and a completely remodeled bathroom. This turnkey asset stands out as anexceptional addition to any real estate portfolio, combining modern infrastructure with low-overhead operations.

Property Features

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