1316 Saint Elmo Ne Avenue, Canton, OH 44705
Local realty services provided by:CENTURY 21 HomeStar
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: Single-family 3-bedroom rentals in Canton’s 44705 zip code typically command solid market rents relative to purchase price, providing favorable cap rates and strong cash flow upside....
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Home facts
- Year built:1916
- Listing ID #:5257545
- Added:1 day(s) ago
- Updated:October 31, 2026 at 07:05 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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