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Est. payment /mo
Pending
516 - 524 Hinderer AVE SW Massillon, OH 44646
10 Beds
4 Baths
4,320 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,320 sqft
Subdivision Brockton Colony
MLS Listing ID 5102134
Bedrooms 10
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,320
Year Built 1974
Annual Tax Amount $5,050
Tax Year 2024
Lot Size 0.450 Acres
Acres 0.4499
Property Sub-Type Quadruplex
Property Description
Income Producing Property. (2) 4-Unit Townhomes. To Be Offered In 2 Parcels, Buy One or Both. Stark Co., Perry Twp., Perry LSD. Live Auction with Online Bidding Available. ABSOLUTE AUCTION: all sells to the highest bidder on location. ONLINE BIDDING BEGIN SUNDAY, MARCH 16, 2025, at 12:30 PM, and AUCTION LIVE ON-SITE BIDDING WILL BEGIN WEDNESDAY, MARCH 19, 2025, at 12:30 PM. Income-producing property with (2) 4-unit townhomes. Tenants pay for water, electric, and gas. Owners pay sewer (approx. $212/mo.), trash ($180/mo.), security light ($22/mo.), and lawn care. Each building has parking pads out front. All tenants are on MTM leases. Gross income is $65,820, with room to grow. Each unit has natural gas heat and central A/C. Total half-year taxes are $4,314. Property to be offered as follows:
Parcel #1: 516 Hinderer Ave. SW, Stark Co. Parcel #4312052. 516: 2-bed, one-bath, rent is $700/mo. 518: 3-bed, one-bath, rent is $600/mo. Tenant mows for discounted rent. 520: 2-bed, one-bath, rent is $635/mo. 522: 3-bed, one-bath, rent is $725/mo.
Parcel #2: 524 Hinderer Ave. SW, Stark Co. Parcel #4312051 524: 2-bed, one-bath, rent is $685/mo. 526: 3-bed, one-bath, rent is $675/mo. 528: 2-bed, one-bath, rent is $715/mo. 530: 3-bed, one-bath, rent is $750/mo.
Great investment for an owner-occupant or investor. Parcels will be offered through our multi-par system and sold in whichever way it brings the most. Buy one or both! Bank financing is available to qualified bidders. Ask the auctioneer how to use your current property to buy this one! The units will be open for viewing on auction day starting at 10:30 AM.
Parcel #1: 516 Hinderer Ave. SW, Stark Co. Parcel #4312052. 516: 2-bed, one-bath, rent is $700/mo. 518: 3-bed, one-bath, rent is $600/mo. Tenant mows for discounted rent. 520: 2-bed, one-bath, rent is $635/mo. 522: 3-bed, one-bath, rent is $725/mo.
Parcel #2: 524 Hinderer Ave. SW, Stark Co. Parcel #4312051 524: 2-bed, one-bath, rent is $685/mo. 526: 3-bed, one-bath, rent is $675/mo. 528: 2-bed, one-bath, rent is $715/mo. 530: 3-bed, one-bath, rent is $750/mo.
Great investment for an owner-occupant or investor. Parcels will be offered through our multi-par system and sold in whichever way it brings the most. Buy one or both! Bank financing is available to qualified bidders. Ask the auctioneer how to use your current property to buy this one! The units will be open for viewing on auction day starting at 10:30 AM.
Location
State OH
County Stark
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Laundry Main Level
Exterior
Parking Features Parking Pad
Water Access Desc Public
Roof Type Metal
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Perry Lsd Stark- 7614
Others
Tax ID 04312052
Special Listing Condition Auction
Listed by Kristen Kiko • Kiko • [email protected] 330-234-7110