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Property profile & analytics
OFF-MARKET
Apartment buildings

8156 Southern Blvd Youngstown, OH 44512

5,184 SF 0.32 ac lot Built 1971
Property ID
US66-2581280
Property summary
AI-generated overview

This exceptional six-unit apartment building presents a compelling investment opportunity in Youngstown, Ohio. Situated on a tranquil 0.32-acre wooded lot in Boardman, this property offers six spacious two-bedroom, one-bathroom units, each featuring generously sized 16' x 20' bedrooms. Currently generating a gross monthly rent exceeding $5,394, all units are occupied, providing immediate cash flow. Recent renovations have significantly enhanced the property's appeal and value. Units 1, 2, 4, and 6 have undergone extensive upgrades, including new carpeting, fresh paint, and updated kitchens. Unit 1 boasts brand new appliances, plumbing, and countertops. Units 3 and 5, occupied by long-term tenants, have also received recent improvements. Unit 6 features newly refurbished cabinets and updated plumbing. The building's infrastructure has been meticulously maintained, with recent upgrades including a new commercial hot water tank, a serviced boiler, updated windows, and a new roof installed in 2022. Further improvements include a new commercial coin-operated dryer, updated sump pumps, and an enhanced security system featuring a water alarm. Tenants enjoy convenient on-site amenities such as ample parking and a coin-operated washer/dryer. The central hallway and stairwell have also been recently refurbished. This well-maintained, income-producing property offers a rare opportunity for investors seeking strong returns in a desirable location. The 5,184 square foot building at 8156 Southern Boulevard is ready for immediate ownership.

Property profile
Verified
Property type Apartment buildings
Year built 1971
Total area 5,184 SF
Lot 0.32 ac (13,939 SF)
UPID US66-2581280
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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