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For sale 11 days ago

$395,000

5+ bd 2 ba 4400 sqft

1205 Elm Street, Youngstown, OH 44505

Residential SFR

Current Rent **

N/A

Projected Rent **

$5,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Historic Youngstown, Ohio Stone Church For Sale!

Historic Youngstown Stone Church For Sale! This Striking Building sits on 2 parcels of land and features ornate exterior and interior architecture. Former "Richard Brown United Methodist Church". 4400 SF. Church Built in 1905. Charles Owsley, Architect. Main entrance features tiled entry way into large parlor room. Front staircase leads to large room with fireplace with adjacent half bath. Large worship area seats 130+. Pews included. Back staircase leads to 2 upstairs rooms. Spacious basement has marble fireplace, large seating area, commercial kitchen with island. Commercial stove and ventilation included. 2 Public restrooms in basement. Ample parking. Short walking distance to YSU, and is situated directly across from Wick Park. New (3) Heat Pumps (Heat, AC or fan) , updated 200 amp electrical service, shingled roof estimated to be less than 10 years old. Flat roofs were serviced by Boak & Sons. Zoned as MU-I Mixed Use institutional. Please view virtual tour before requesting a showing. Seller willing to hold a 20%, 2nd mortgage at full list price @ 6%interest, 15 year note. Please contact agent for more information, virtual tour and showings.

MLS Information: https://drive.google.com/file/d/1o95TEDm_V-pcI0DTzQ7ePZ1QD9M0lKq7/view?usp=sharing

Virtual Tour: https://my.matterport.com/show/?m=oLGxJzowzN4&mls=1

Location:

1205 Elm Street, Youngstown, OH 44505

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.