Residential Income
For Sale
$164,900
3003 Coventry Boulevard NE, Canton, OH 44705
The building has forced-air natural gas heat, window units, and a driveway.
Property Size1,782 SF
Price / SF$92.54
Days on Market12
Property Features for 3003 Coventry Boulevard NE
General Information
Standard status
Active
Size
1,782 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1,462
Amenities
Window Unit(s)
Natural Gas, Forced Air
Full
Driveway
Building Details
Year Built
1966
Buildings
2
Stories
2
Listed By:
Austin J Heisler
(330) 354-5682
Source:
Evrealestate
Added: Sep 26
Changed: Oct 4
Last Checked: Oct 5 at 4:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Austin J Heisler
Investment Insights
Based on property information with market context.
Built in 1966, this residential income property contains 1,782 square feet. Heating is provided by a natural gas, forced-air system, with window units also listed among the interior features. The property includes a driveway and is located at 3003 Coventry Boulevard NE in Canton, Ohio.
Key Highlights
- 1,782 square feet of property space
- Built in 1966
- Natural gas, forced‑air heat and window units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,052
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,040
$261.0K
Cap Rate 7%
$186,457
$186.5K
Cap Rate 9%
$145,022
$145.0K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$24.6K $13.80/SF
− Vacancy
−$861 −$0.48/SF
EGI
$23.7K $13.32/SF
− OpEx
−$10.7K −$5.99/SF
NOI
$13.1K $7.32/SF
Area
Stark County, OH
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,040
Cap Rate 7%
$186,457
Cap Rate 9%
$145,022
Alternative Uses
Best Use
Apartment 5plus
$186.5K
$163.2K – $217.5K
NOI $13,052 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$465.3K
$407.1K – $542.8K
NOI $32,568 @ 7.0% cap · market cap 19.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 44705, OH
17,779
Population
7,955
Households
2.2
Avg Household Size
37
Median Age
10%
College-Educated
84%
High-School Grad
7.9 sq mi
ZIP Area
2,251
Density / Sq Mi
$41,903
Median Household Income
$29,420
Median Earnings
$877
Median Rent
$74,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The building has forced-air natural gas heat, window units, and a driveway.
Where is this residential income property located?
The property is located at 3003 Coventry Boulevard NE Canton, OH.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: 1,782 square feet of property space; Built in 1966; Natural gas, forced‑air heat and window units
