OH
Trumbull
Warren
44485
1500 Stewart NW Circle
1500 Stewart NW Circle, Warren, OH 44485
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Listing Type
Commercial/Industrial
Listing Status
Active
50
$1,200,000

Home Details for 1500 Stewart NW Circle

Price
$1,200,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1964
Lot size acres
3.71
County
Trumbull
Garage
Basement
Apartment
Days on site
27
MLS Listing#
5154833
Property Description

BOM Due to no fault of sellers, buyer failed on financing. Attention Investors! This Portfolio comprises three adjacent brick 6 unit buildings for a total of 18 units that sit in a private, quiet cul-de-sac street in the city of Warren, Ohio. Each building is 3 stories and has one 750 sf 1B unit and five 1100 sq 2B units with spacious porches/balconies and covered carport spaces and storage lockers for each unit. All units have central air and all but one tenant pay their own water, gas & electric. The complex currently has over 9% cap rate with current below market rent with 1 vacancy, 9.27% if full and a market proforma close to 11%. Each building has a common area with coin-op laundry. Many improvements including 3 new roofs on the main buildings and 1 carport roof replacement, new windows, furnaces, AC condensers, energy efficient lighting, cosmetic upgrades in common areas. Convenient to restaurants, shops, grocery stores, and local amenities. A great value-add opportunity in a supply-constrained rental market. Inspection after an accepted offer. Call with questions.

Property Features
  • Parking
    • Attached Carport
    • Additional Parking
    • Covered
    • Carport
    • Lighted
    • On Site
    • Paved
    • Parking Lot
    • On Street
  • Heating Information
    • Natural Gas
    • Forced Air
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • House Interior
    • Storage
  • Basement
    • Apartment
Listing Courtesy: Howard Hanna - 330-562-6188
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-12-06 09:18:28
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Median Listing Price
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Market statistics compiled from data from YES MLS.
EXIT RIVERBEND REALTY
220 Main St, Belpre, OH 45714
Jim Richards
CA BRE: #: WVS180300267
License #: sal.2019007897
Sales Representative
Office
740 860 3555
Agent
304 210 7379
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