This investment opportunity does not come along very often. This unique parcel has 4 separate addressed single family homes and are fully leased for instant cash flow. Gross annual rents $37,800. There is a private, shared driveway for all tenants, with ample parking in the back surrounded by a wood privacy fence and security light. Each home has 1 bedroom, 1 full bath, kitchen, living room and a full unfinished basement. Laundry hook-ups are in each unit. These homes have been very well maintained with upgrades completed. All homes have newer roofs, furnaces, hot water tanks, and appliances. (Fridge & Gas stove), which will convey. Three of the homes have all new front decks (144 SF), railings and stairs. The owner pays for lawn care, snow removal and the electricity for the security light in the back parking area. The tenants pay for all utilities (Electric/Gas/Water, which includes Trash). Looking to increase your investment portfolio for a quick cash producing property? This is the one for you! Rent rolls and leases available for all serious inquiries.
Southeast Warren, located between Downtown Warren and Howland Township, is a residential and commercial Warren neighborhood with tree-lined blocks and a retail corridor. The neighborhood’s energy concentrates around the Elm Road NE and Youngstown Road SE crossroads, where auto shops, diners, and small storefronts set a practical, on-the-go tone. Housing reads as mid-century ranches and tidy postwar capes, with pockets of newer infill near busier arterials. Packard Music Hall and the Robins Theatre add a polished cultural counterpoint a short drive west. Perkins Park frames the area with trails and open lawns, while the Eastwood Mall Complex anchors errands and casual meetups.
Provided by Walk Score and Local Logic
Offer insights
1182 Youngstown Rd SE · $299,900
$300K and above
75% chance or better to win
Why $300K+ is a strong offer
DAYS ON MARKET
48 days
The average home goes pending in 55 days.
SALE-TO-LIST
88.2%
Most homes are selling 12% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Unfinished basement
Bedrooms
Four one-bedroom units
Bathrooms
Four full bathrooms
Kitchen
Ranges, refrigerators, and newer appliances
Heating & cooling
Gas forced-air heating
Exterior features
Wood fencing
New front decks in 2026
Home design
One story
Four buildings
Parking
Lighted parking lot
Shared driveway
Construction
Vinyl and wood siding
Asphalt and fiberglass roof
Roof, furnaces, and hot water tanks updated in 2022
Utilities
Public water
Public sewer
Financial info
Gross income: $37,800
Monthly rents: $900, $800, $700, and $750
All four units are leased
Owner pays for grounds care and snow removal
Tenants pay for electricity, gas, trash collection, and water
Electricity and solar
View estimated energy costs and solar savings for this home