1316 Saint Elmo Ne Avenue, Canton, OH 44705

Canton
Local realty services provided by:Better Homes and Gardens Real Estate Central
1316 Saint Elmo Ne Avenue,Canton, OH 44705
$55,000
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  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: jeffrey schultheis
Office: red 1 realty, llc.
MLS#:5257545
Source:OH_NORMLS

Price summary

  • Price:$55,000

About this home

Advertised as a low-lift, turnkey-ready investment opportunity. The property features a functional 1,344 sq. ft. layout designed for low maintenance and strong long-term tenant retention. Main updates and foundational work are largely complete, requiring only minor cosmetic touch-ups (paint/surface touch-ups) before tenant placement. Additional highlights include a full unfinished basement for extra storage, public utilities (forced-air natural gas heat), and low holding costs. Investment Opportunity HighlightsLow Entry Price Point: At $55,000, it presents a very accessible barrier to entry for novice investors or seasoned landlords expanding a local portfolio. Minimal Rehab & Quick Turnaround: Because major systems are in place, holding costs and pre-occupancy downtime are minimized, accelerating cash-on-cash returns.Low Overhead: Annual property taxes sitting around $500 keep fixed operational expenses minimal, maximizing net operating income (NOI).Submarket Rent Potential:...

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Home facts

  • Year built:1916
  • Listing ID #:5257545
  • Added:6 day(s) ago
  • Updated:November 06, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1916
  • Lot area:0.07 Acres
  • Construction Materials:Wood Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$55,000
  • Tax amount:$780 (2025)
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