1580 Florencedale Avenue, Youngstown, OH 44505
Local realty services provided by:ERA Real Solutions Realty
Listed by:raymond griggy
Office:keller williams chervenic rlty
MLS#:5152090
Source:OH_NORMLS
Price summary
- Price:$245,000
About this home
Turnkey 4-Plex Investment Property – Fully Renovated & Cash-Flowing
Investor’s Dream! This fully updated 4-unit multifamily property is producing $45,000 annually in gross rental income with positive cash flow from day one. Each unit has been completely renovated, making this a true turnkey opportunity for seasoned investors or those just starting their rental portfolio. Property Highlights: Four 3 bedroom Units – Fully Updated Inside & Out, Brand New Roof & Gutters, All 4 Furnaces Replaced, All 4 Hot Water Tanks Replaced, Modern Kitchens in Every Unit, Four Brand-New Bathrooms, New Decks on Each Unit, Driveway Recently Re-Sealed
Investment Details: Gross Rents: $45,000/year, All 4 Units are Section 8 Approved and occupied – Guaranteed Monthly Income. Turnkey Property – No Work Needed. Just 2 miles from YSU campus, close to hospitals, shopping, and major employers. This is a high-demand rental location with stable tenants and reliable cash flow. The current owner has already invested in all the big-ticket upgrades, giving you peace of mind and maximum return on investment. Whether you’re looking to expand your portfolio or secure a rock-solid first investment, this multifamily income property checks all the boxes. Call today before this one is gone!
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Home facts
- Year built:1922
- Listing ID #:5152090
- Added:64 day(s) ago
- Updated:November 01, 2025 at 07:14 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Flat
- Year built:1922
- Lot area:0.21 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$245,000
- Tax amount:$1,435 (2024)
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