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2515 E Midlothian Boulevard

$130,000
2515 E Midlothian Boulevard, Struthers, OH 44471
2515 E Midlothian Boulevard

2515 E Midlothian Boulevard

$130,000

Welcome to 2515 E Midlothian Blvd in Struthers, Ohio, an excellent investment opportunity featuring a total of five rental units, perfect for expanding your portfolio. This well-maintained property offers diverse living spaces across three floors, ensuring a steady income stream with a mix of long-term and desirable tenants. The first-floor unit is a spacious 2-bedroom, 2-bathroom apartment, renting for $750/month. It boasts an open living area with hardwood floors, a kitchen with ample cabinetry and counter space, and a gas range. Both bedrooms offer access to the enclosed front porch, with the primary bedroom featuring a private bath with tiled walk-in shower and a walk-in closet. A second full bath with a tub is located off the main living area. Upstairs, you'll find three studio apartments: Studio 1: Features a large living and sleeping area, a kitchen with a breakfast peninsula, a fridge, and an electric range, plus a full bathroom with a tub. Abundant natural light flows through this inviting space, renting for $650/month. Studio 2: Offers an open living and sleeping area, a compact kitchen with cabinets and counters, and a full bath with a walk-in surround shower. Renting for $600/month. Studio 3: The smallest of the three, this recently rehabbed studio includes updated kitchen cabinets, hi-def laminate countertops, a fridge, an electric range, and a cozy living and sleeping area. Full bathroom with a walk-in shower. Renting for $600/month. On the third floor is another 2-bedroom, 1-bathroom unit, featuring carpeted living areas, an open kitchen, and spacious closets with built-ins, ideal for tenants looking for more space. Additional amenities include a 4-space carport, a detached 2-car garage, a full basement with coined laundry and tenant storage, a high-efficiency furnace, a new 200-amp panel with a 100-amp subpanel, and a sump pump. This property is a fantastic opportunity for anyone looking to secure a solid investment in Struthers, Ohio.
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Features & Amenities

Interior

Total Bedrooms 7
Total Bathrooms 6
Full Bathrooms 6
Laundry Room In Basement
Appliances Dryer, Range, Refrigerator, Washer

Exterior

Stories 3
Garage Space 2.0
Water Source Public
ROOF Shingle
Parking Covered, Carport, Detached, Garage
Heat type Forced Air, Gas
Air Conditioning None
Sewer Public Sewer

Area & Lot

Status Sold
LOT SIZE 0.25 Acres
MLS® ID 5078870
Type Multi-Family
Year Built 1910
School District Struthers CSD - 5011

Financial

SALES PRICE $130,000
REAL ESTATE TAXES $1,288/yr

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