Investors! Take note of this money maker to add to your portfolio. At a 7.9% cap rate, this one makes sense. There is one parcel being sold and on that parcel you have a SFR home with 3 bedrooms, 1 bath, and a full basement. This home is currently rented for $850. Then, you have an adjacent duplex which recently became occupied with rent on the lower unit of $625 and the upper unit brings in $575. The lower unit has 1 bedroom, enclosed porch, and access to the full basement with laundry hookups. The upper unit has 2 bedrooms but does not have a laundry option. There is also an attached storefront (approx. 1,500 sq.ft.) which would make a great office space/storage unit and features 2 floors, half bath, and a garage door on one side for storing larger items. In the past, this was used as an office on the second floor and storage on the first floor. All of the hard work is done as the current owner recently rented all 3 units and they are all M2M. The annual income does not include the storefront which makes the investment even more appealing. The tenants pay all utilities. Owner takes care of the lawn, taxes, insurance, and any repairs. Across the street from the SFR, there is ample parking. The SFR has its own parking and there is more on the north side of the storefront if needed. What a great opportunity!
For sale
$139,900
116 Maryland Ave SW, Canton, OH 44710
6beds
--sqft
Est.:
Multi Family, Single Family Residence
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 9 days
- on Zillow |
- 346 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 12:09pm
Listing Provided by:
Amy Wengerd amy@soldbywengerd.com330-681-6090,
EXP Realty, LLC.
Source: MLS Now,MLS#: 5115444
Originating MLS: Akron Cleveland Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 10 x 11
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 8 x 11
Dining room
- Description: Flooring: Wood
- Level: First
- Dimensions: 11 x 13
Kitchen
- Description: Flooring: Other
- Level: First
- Dimensions: 11 x 14
Living room
- Description: All measurements are for the single family home.,Flooring: Wood
- Level: First
- Dimensions: 11 x 21
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: In Basement, None
Features
- Basement: Full,Unfinished
- Number of fireplaces: 2
Video & virtual tour
Property
Parking
- Parking features: Additional Parking, Alley Access, Off Street, Other
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,249.58 Square Feet
- Features: Corner Lot
Details
- Parcel number: 00245386
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Multiplex,Other
- Property subtype: Multi Family, Single Family Residence
Materials
- Wood Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Described Follows
HOA
- Has HOA: No
Location
- Region: Canton
Financial & listing details
- Annual tax amount: $1,275
- Date on market: 4/17/2025
- Listing terms: Cash,Conventional
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