2017 Fulton RD NW, Canton, OH 44709
2017 Fulton RD NW, Canton, OH 44709
2017 Fulton RD NW, Canton, OH 44709
2017 Fulton RD NW, Canton, OH 44709
2017 Fulton RD NW, Canton, OH 44709
2017 Fulton RD NW, Canton, OH 44709
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
David Margolis

David Margolis

+1(216) 403-8079
$ 499,900
Est. payment | /mo

6,917 Sqft Lot

Save
$ 499,900
Est. payment | /mo
Save

6,917 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5214534

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1960

Annual Tax Amount $6,390

Tax Year 2025

Lot Size 6,917 Sqft

Acres 0.1588

Property Sub-Type Apartment

Property Description

Excellent opportunity to acquire a fully occupied and extensively updated 6-unit multifamily property in a highly accessible Canton location just minutes from I-77, Route 62, shopping, dining, employment centers, and the Pro Football Hall of Fame. The property consists of four 2-bedroom/1-bath units and two 1-bedroom/1-bath units and is currently fully occupied primarily by long-term tenants, providing immediate and stable cash flow. Current annual gross income is approximately $58,000 with an estimated NOI of approximately $47,000, representing an attractive 9.4% cap rate at list price. Over the past two years, the property has undergone significant capital improvements including extensive renovations to four units, all new electrical panels, extensive plumbing updates, new secure entry doors with keypad access, updated paint and flooring in the common hallways, many newer appliances, all new screen doors, a coin-operated Speed Queen washer and dryer, and replacement of the hot water tank heating elements in 2025. Additional features include covered off-street parking, an all-electric setup with tenants responsible for electric utilities, and minimal exterior maintenance with no lawn upkeep required. With strong cash flow, stable occupancy, and recent major system upgrades, this property presents an excellent opportunity for both experienced and first-time multifamily investors. Rent roll and T-12 financials available upon request.

Location

State OH

County Stark

Community Laundry Facilities

Rooms

Basement Apartment, Daylight, Exterior Entry, Full, Finished, Interior Entry, Storage Space, Walk-Up Access, Walk-Out Access

Interior

Heating Baseboard, Electric

Cooling Ceiling Fan(s), None

Fireplace No

Laundry Coin-operated

Exterior

Parking Features Attached Carport, Concrete, Covered, Carport, Direct Access, Driveway, Parking Lot, Parking Pad

Fence None

Community Features Laundry Facilities

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Multi-Family

Total Parking Spaces 6

Building

Foundation Basement

Sewer Public Sewer

Water Public

Construction Status Updated/Remodeled

Schools

School District Canton Csd - 7602

Others

Tax ID 00209369

Security Features Fire Alarm

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Amanda Shafer • RE/MAX Trends Realty • realtoramandashafer@gmail.com, 330-324-7454

Schools and Properties Nearby

David Margolis
David Margolis

Agent | License ID: 2011001930

+1(216) 403-8079 | dbmgolis@me.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from David Margolis, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

2017 Fulton RD NW