Mitch Royce
BEDS0
BATHS
SQUARE FEET2,960
MLS#226039100
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLYOUNGSTOWN CITY
Property Description
Excellent investment opportunity adjacent to Youngstown State University! This 25-unit, 47-bed student housing portfolio consists of three buildings in a highly walkable location just steps from campus. Currently 96% occupied, the property generates approximately $29,000 in monthly rental income with a strong history of leasing performance. The portfolio offers a diverse unit mix and significant value-add potential through the implementation of a utility reimbursement program, with an estimated $62,000 in additional annual revenue. With strong in-place cash flow, consistent student housing demand, and a clear path to increased NOI, this is an attractive opportunity for investors looking to expand their multifamily portfolio.
Property Features
Property Type: Multi Unit - Multiple
Heating: Hot Water
Lot Size: 0.40 Acres
Taxes: $2,961
Year Built: 1936
Feature Descriptions
Days on Site: 15
Parcel #: 53-004-0-028.00-0
Local Schools
School District: YOUNGSTOWN CITY
Listed By / Shown By
Listed By
Agency Name: Lim Realty Group
Agent Name: William Joseph Parizek
Agency Phone: 614-456-7365
Shown By
Agent Name: Mitch Royce
Agent Phone: (616) 430-8838
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 11,193.56 per month $10,404.31 Principal & Interest $246.75 Property Tax $542.50 Homeowner's InsuranceChange Payment Information
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725 Bryson Street | MLS# 226039100
This multi-family property located at 725 Bryson Street, Youngstown, OH 44502 is currently listed for sale with an asking price of $1,860,000. Bryson Street is located within the YOUNGSTOWN CITY school district. Search Youngstown real estate on www.mitchroycehomes.com today.