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1500-1525 Stewart Cir NW
Warren, OH 44485 Warren/Niles

$1,155,000 USD

Apartments For Sale  •  20,352 SF

Property Details

  • Property Type Apartments
  • Total Building Size 20,352 SF
  • Lot Size 3.71 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 9.19 %
  • Zoning MF
0 Transit Score
36 Walk Score

Highlights

Cul De Sec, fenced in backyard, 3 buildings, 5 parcels, Central AC, 4 new roofs, new solar lights
100% occupied, over 9% CAP rate with below market current rent with 1 vacancy calculated in the CAP rate, over 11% based on market proforma
Close to all shoppings, grocery stores, restaurants

Property Flyers

Financial Summary (Actual)

Net Operating Income: $106,159 USD (2025)
Cap Rate: 9.19 %
Total Expenses: $47,072 USD

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Fenced Lot
  • Laundry Facilities
  • Storage Space
  • Heating
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Range
  • Carpet
  • Bicycle Storage
  • Porch
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Tina Li 330-562-6188 Howard Hanna
Tina Li 330-562-6188 Howard Hanna