Kate Darrah
REALTOR®
MLS#5207162
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLNorthwest Local
Property Description
Turnkey, income-producing 8-unit apartment complex in the heart of Canal Fulton. This fully occupied property delivers immediate cash flow with a proven rental history and stable tenant base. The unit mix includes four 1-bedroom and four 2-bedroom units, providing diversified rental income. Each unit features a private basement with laundry hookups--an added tenant convenience that supports retention and reduces shared maintenance. Operating efficiency is a key highlight: gas and electric are separately metered and paid directly by tenants, minimizing owner expenses. All units are equipped with central air conditioning, enhancing marketability and rental demand. The property includes two drive entrances and large paved parking area, offering ease of access and ample parking capacity. Well maintained and priced to sell, this is a strong addition to any portfolio--ideal for investors seeking immediate returns.
Property Features
Property Type: Commercial - Business
Basement: Full, Unfinished
Basement: Yes
Cooling: Central Air
Heating: Forced Air, Gas
Lot Size: 0.61 Acres
Roof Type: Asphalt
Taxes: $7,731 / year
Year Built: 1981
Feature Descriptions
Days on Site: 5
Parcel#: 09501695
Parking: Additional Parking, On Site
Sewer: Public Sewer
Units: 8
Water: Public
Local Schools
School District: Northwest Local
Listed By / Shown By
Listed By
Agency Name: RE/MAX Showcase
Agency Contact: EvonneSnyder@Remax.net, 330-464-9699
Shown By
Agent Name: Kate Darrah
Agent Phone: (330) 354-7419
Agency Title: DeHOFF REALTORS
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689 Colony Road | MLS# 5207162
This commercial property located at 689 Colony Road, Canal Fulton, OH 44614 is currently listed for sale with an asking price of $599,000. Colony Road is located within the Northwest Local school district. Search Canal Fulton real estate on kdarrah.dehoff.com today.