Commercial $ 1,250,000

147-167 Shields RD

Boardman, OH 44512

  • 1.28 Lot Size
  • 1970 Year Built
Exceptional Multi-Building Investment Opportunity in Boardman Schools!

Don't miss this rare chance to own three brick six-plexes—18 total units—located at 147, 157, and 167 Shields Road. These buildings offer a perfect blend of stability and upside, making them an outstanding addition to any investor's portfolio.

Each building features 4 one-bedroom, one-bath units and 2 studio apartments, providing a balanced mix of layouts that consistently attract tenants. The property is 100% occupied, reflecting its strong rental demand and it is within the Boardman School District.

Recent updates include brand-new high-efficiency boilers, new flooring in the common laundry areas, and new coin-operated laundry machines, adding convenience for tenants and steady income for the owner. The complex also boasts ample parking, ensuring easy access and comfort for residents and guests alike.

Located just minutes from shopping, dining, schools, and major roadways, this property offers cash flow—a true turnkey investment in a great rental market.
Listed by Dennis D Gonatas Sr. of Gonatas Real Estate LLC

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Apartment

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 5171296

    Construction Status Updated/Remodeled

    HOA Y/N No

    Year Built 1970

    Annual Tax Amount $12,333

    Tax Year 2024

    Lot Size 1.280 Acres

    Acres 1.28

    Property Sub-Type Apartment

  • Location

    State OH

    County Mahoning

  • Building

    Story 1

    Entry Level Three Or More

    Sewer Public Sewer

    Water Public

    Level or Stories Three Or More

    Construction Status Updated/Remodeled

  • Interior

    Heating Gas, Hot Water, Steam, Zoned

    Cooling Ceiling Fan(s), Electric, Wall Unit(s)

    Fireplace No

    Laundry Coin-operated

  • Exterior

    Parking Features Additional Parking, Asphalt, Detached Carport, Parking Lot

    Fence None

    Water Access Desc Public

    Roof Type Asphalt

    Present Use Multi-Family

    Porch Patio

    Total Parking Spaces 36

  • Schools

    School District Boardman Lsd - 5002

  • Others

    Tax ID 290630028000

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