7337 Seymour StMassillon, OH 44646

For Sale
$1,375,000

15-Unit Apartment Building, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 15-unit apartment building presents a compelling investment opportunity in Massillon, Ohio. The property, located at 7337 Seymour NW, comprises six duplexes and one triplex, totaling 11,452 square feet on a 0.316-acre lot. Constructed in 1978, this Class B multifamily property features two-story buildings and offers a mix of units, some with attached garages or detached carports. Recent improvements exceeding $5,000 have been completed, including extensive tree removal and the installation of four new hot water heaters. Currently boasting 100% occupancy, this property benefits from tenants covering gas, electric, water, sewer, trash, and cable/internet/phone expenses. The owner is responsible for real estate taxes, landscaping, HVAC maintenance, and snow plowing (excluding Coventry). The property's APN is 1608489. This well-maintained complex offers a strong cash flow potential and a stable tenant base, making it an attractive addition to any investment portfolio. The property is conveniently located in Massillon, with proximity to Canton and surrounding areas including Jackson, Perry, Plain Township, and Canton. Detailed financial information, including a rent roll, is available upon request. This is a turnkey investment ready for immediate income generation.

Highlights

  • Exceptional 15-unit apartment building investment opportunity in Massillon, Ohio.
  • 11,452 square feet on a 0.316-acre lot, comprised of six duplexes and one triplex.
  • Class B multifamily property built in 1978, featuring two-story buildings with a mix of units, some with attached garages or detached carports.
  • Recently renovated with over $5,000 in improvements, including tree removal and four new hot water heaters.
  • Currently 100% occupied, with tenants paying all utilities except real estate taxes, landscaping, HVAC, and snow removal (excluding Coventry).

Property Details for 7337 Seymour St

Property type
Multifamily properties, Apartment buildings
Square Feet
11,452 SF
Class
B
Year Built
1978
Buildings
6
Stories
2
Lot Size (sq. ft)
13,765 SF
Units
15

Location Insight

City
Massillon
County
Stark
State
Ohio
Latitude
40.8211952
Longitude
-81.4883312
7337 Seymour St, Massillon, Ohio

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7337 Seymour St
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