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    14561 Hickox St Burton, OH 44021

    Sponsored
    For Sale
    $650,000

    Six-unit rental property, great investment!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a six-unit apartment complex nestled in the charming Historic Burton Village. The property comprises two buildings, offering a mix of unit sizes to cater to diverse tenant needs. The front building boasts four updated two-bedroom, one-bathroom apartments, each thoughtfully designed for comfortable living. The rear building features two one-bedroom, one-bathroom units, providing additional rental income streams. Ample parking is available, with five covered spaces and three open spaces, plus additional overflow parking to accommodate all tenants. Each unit benefits from individually metered electricity, ensuring efficient utility management. Gas is separately metered for the front building units

    Property Features for 14561 Hickox St

    General Information

    Property type
    Residential income properties
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1870
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burton
    County
    Geauga
    State
    Ohio
    Longitude
    -81.14239
    Latitude
    41.47237

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Residential income property - Six-unit rental property, great investment!
    Where is this residential income property located?
    The property is located at 14561 Hickox St Burton, OH.
    What is the asking price?
    The asking price for this property is $650,000.
    (440) 682-0155
    Request Owner's contact information
    14561 Hickox St Burton, OH 44021
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    Burton, OH 44021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14561 Hickox St Burton, OH 44021
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