Investment Opportunity in Niles, Ohio! Discover this well-maintained triplex featuring: 2-Bedroom, 1.5-Bath Apartment 1-Bedroom, 1-Bath Apartment Efficiency Apartment Upstairs Each unit is separately metered, ensuring convenience and efficiency for tenants. Situated on a desirable corner lot, this property promises positive revenue potential. Enjoy the added benefit of a huge garage and workshop, perfect for your leisure or additional income possibilities. Located just moments from schools, grocery stores, and restaurants, yet nestled on a quiet dead-end street, this property offers the best of both worlds. Don’t miss out on this fantastic investment opportunity!
Looking for an investment opportunity with immediate cash flow? This charming multi-family home in Niles, Ohio, offers both character and potential! The main home boasts beautiful woodwork throughout, featuring a spacious living room, dining room, and kitchen on the first floor. Upstairs, you’ll find three bedrooms with ample closet space, plus a walk-up attic just waiting to be transformed into extra living space. The basement, accessible from inside the home, provides additional storage options. The attached one-bedroom, one-bath unit is currently leased for $500/month, providing a steady income stream. With electric heat and only the water bill shared between the two units, this fixer-upper is a great opportunity for investors or homeowners looking to build equity. Renovate the main home while enjoying rental income—or rent both units for double the cash flow! Don’t miss out on this fantastic property with tons of potential!
Niles is located in Ohio. Niles, Ohio has a population of 18,613. Niles is less family-centric than the surrounding county with 20.35% of the households containing married families with children. The county average for households married with children is 24.31%.
The median household income in Niles, Ohio is $40,390. The median household income for the surrounding county is $45,380 compared to the national median of $57,652. The median age of people living in Niles is 42 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 40.3 inches per year, with 47.8 inches of snow per year.
