Vision Sales Team

Craftsman

1316 Saint Elmo Avenue NE

Canton, OH 44705

MLS#: 5257545

$55,000

Status: Active
Listing number: 5257545
Listing provided by: Red 1 Realty, LLC.
Listing agent phone: None
Last update: an hour ago
New on site today
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Property

Beds

3

Full Baths

1

1/2 Baths

None

Year Built

1916

Sq.Footage

N/A

Advertised as a low-lift, turnkey-ready investment opportunity. The property features a functional 1,344 sq. ft. layout designed for low maintenance and strong long-term tenant retention. Main updates and foundational work are largely complete, requiring only minor cosmetic touch-ups (paint/surface touch-ups) before tenant placement. Additional highlights include a full unfinished basement for extra storage, public utilities (forced-air natural gas heat), and low holding costs. Investment Opportunity HighlightsLow Entry Price Point: At $55,000, it presents a very accessible barrier to entry for novice investors or seasoned landlords expanding a local portfolio. Minimal Rehab & Quick Turnaround: Because major systems are in place, holding costs and pre-occupancy downtime are minimized, accelerating cash-on-cash returns.Low Overhead: Annual property taxes sitting around $500 keep fixed operational expenses minimal, maximizing net operating income (NOI).Submarket Rent Potential: Single-family 3-bedroom rentals in Canton’s 44705 zip code typically command solid market rents relative to purchase price, providing favorable cap rates and strong cash flow upside.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.0723

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Craftsman

Price

  • Sales Price

    $55,000

  • Tax Amount

    $780

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Canton CSD - 7602

  • Middle School

    Canton CSD - 7602

  • High School

    Canton CSD - 7602

Property Features

  • Foundation Details

    Block

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Stark

Elementary School

Canton CSD - 7602

Middle School

Canton CSD - 7602

High School

Canton CSD - 7602

Listing Courtesy of Jeffrey Schultheis, Red 1 Realty, LLC.

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Agent Gregory Sharier

AGENT

Gregory Sharier

Call Gregory today to schedule a private showing.

(330) 573-8039

Gregory@visionsalesteam.com


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Advertised as a low-lift, turnkey-ready investment opportunity. The property features a functional 1,344 sq. ft. layout designed for low maintenance and strong long-term tenant retention. Main updates and foundational work are largely complete, requiring only minor cosmetic touch-ups (paint/surface touch-ups) before tenant placement. Additional highlights include a full unfinished basement for extra storage, public utilities (forced-air natural gas heat), and low holding costs. Investment Opportunity HighlightsLow Entry Price Point: At $55,000, it presents a very accessible barrier to entry for novice investors or seasoned landlords expanding a local portfolio. Minimal Rehab & Quick Turnaround: Because major systems are in place, holding costs and pre-occupancy downtime are minimized, accelerating cash-on-cash returns.Low Overhead: Annual property taxes sitting around $500 keep fixed operational expenses minimal, maximizing net operating income (NOI).Submarket Rent Potential: Single-family 3-bedroom rentals in Canton’s 44705 zip code typically command solid market rents relative to purchase price, providing favorable cap rates and strong cash flow upside.

1316 Saint Elmo Avenue NE

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