438 Kenilworth Avenue SE

Warren, OH 44483

Attention Investors or Homeowners who want to have their mortgage paid for by someone else!! If you're looking to be a homeowner, you can live on the first floor and rent the upstairs out and have your mortgage partially paid for by your tenant. Looking for an In-law suite? Look no further as there is a fourth bedroom, living room, full kitchen and a full bathroom upstairs, but a separate back entranceway w/private steps & balcony for your mother-in-law! Your basement has several rooms & could be a huge man cave or your teenagers, dream game room, or a fourth and a fifth bedroom. There has been a new electrical panel installed, new plumbing, fresh paint throughout, fresh landscaping, curtains, freshly service furnace, brand new luxury vinyl plank flooring in both kitchens and many more updates...too many to list. If youre an investor, the rent potential is potentially $800 downstairs and $500 upstairs. You couldn't simply finish the one room in the basement for a 3rd bedroom and adda 4th bedroom next to sit commanding $1000/month for the lower unit!! This is potentially $18,000 per year & a sweet 13.5% CAP rate. Install a coin operated washer and dryer in the basement along w/storage bays to boost this rate. Both units are ready to go and ready for move-in including a refrigerator and stove in place for BOTH units! All we need is a good landlord who is ready to make some cash! You have a double garage that gives you plenty of parking, a new back deck which is great for those summer BBQ's or your tenants kiddos birthday parties! The yard is not huge, but perfect for kids to run and play. Better jump on this investment opportunity quick before it's gone...especially w/intyerestv rates recently coming down!

This is an Active listing.

Broker Office Phone Number: 330-793-4200

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