2080, 2090 Tanglewood Ave

• 6,664 SF & 3,120 SF multifamily/garden buildings
• 12 spacious, well-appointed units
• All units are 2 bedrooms, 1 bath and approx 720 SF
• 100% occupancy
• Long term tenants all on month to month leases
• Units are currently leased $200-$300 dollars below market rent
• Potential for modern updates and value add enhancement
• New owner can immediately increase NOI by:
• bringing rents to market
• charging tenants flat monthly rate for water
• charging pet fees
• Roof replace on both buildings in 2021
• Parking lot paved in 2021

Property Description

Coldwell Banker Commercial Aspire Realty Services is pleased to present this 12 unit garden-style multifamily property for sale. Situated on .79 acres, the property is ideally located in the vibrant Stark County area, offering potential for modern updates and value add enhancement. With strong rental potential for sustained income, the property offers immediate upside potential by stabilizing below market rents. Each 2 bedroom, 1 bath unit has a kitchen equipped with refrigerator, microwave, and gas stove. The property is heated through a forced air electric system and cooled by individual wall air conditioning units that are provided in each unit. This prime opportunity for multifamily investment is perfectly positioned to captivate the attention of savvy high-rise investors looking to make a strategic addition to their portfolio.