14 days on rocket

550 Freeman St NW, Warren, OH, 44483

$194,900

Home List Price

$2,314*

Closing Credit

8 Bedrooms
4 Full Baths
1,584 SqFt
$123/SqFt
Multi
Schools Nearby

Location

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550 Freeman St NW, Warren$194,900

Buyer Closing Credits

$2,314*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDetached Carport, Driveway, Gravel, Parking Lot
Year Built1920
HeatingBaseboard
CoolingNone
BasementYes
MLS #5030419
Lot Size0.19 Acres
StatusActive

About 550 Freeman St NW

Prime Investment Opportunity: Warren Triplex with Adjacent House Welcome to this exceptional triplex property located in Warren, Ohio, boasting three fully rented units and an additional rented house next door, totaling four income-producing units. With the owner covering utilities for the triplex and tenants responsible for utilities in the house, this property offers a convenient and efficient rental arrangement. Adding to its appeal, the property features ample parking options including a parking lot adjacent to the building and a detached parking area, ensuring convenience for both tenants and guests. This well-maintained property presents a lucrative investment opportunity, currently generating over $3,000 in monthly income before expenses. Don't miss the chance to capitalize on this outstanding investment property in Warren—schedule a viewing today and secure your future income stream!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 1,584 SqFt

Listing Office:

  • Office Name: Gonatas Real Estate
  • Office Email: support@gonatasrealestate.com
  • Listing Agent: Alexsey Plotnikov

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Detached Carport, Driveway, Gravel, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Head west on High St NW toward Harmon Ave NW 407 ft Turn right onto Mahoning Ave NW 0.7 mi Turn right onto Freeman St NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,900
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $572
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Warren, OH.

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Warren, OH

City

Med. Sold Price

$125.3K

Med. Price/SqFt

$88

Avg. Days On Market

44

# of Sold Homes

65

550 Freeman St NW vs Warren

14 DAYS ON ROCKET

-30 Days

$194,900

+$69.5K More

$123/SqFt

+$35 More

KEY TAKEAWAY

This property is $69.5K more than the Median Sold Price and $35/SqFt more than other homes in Warren, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5030419

Listing Office:

  • Office Name: Gonatas Real Estate
  • Office Email: support@gonatasrealestate.com
  • Listing Agent: Alexsey Plotnikov

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 4:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$572$8,790
2019$577$8,440
2018$575$8,440
2017$567$8,440

History based on county public records data.

Payment Calculator

$1,040

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3203239
6
/10

  • Labrae Intermediate School

  • 1001 N Leavitt Rd

  • 2.54 miles

  • Public District Grades 3-5

school-card-donut-3203240
8
/10

  • North Rd Elementary School

  • 863 North Rd SE

  • 3.53 miles

  • Public District Grades 3-5

school-card-donut-3203241
6
/10

  • Lakeview Elementary School

  • 2755 Bazetta Rd NE

  • 4.01 miles

  • Public District Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,416. The most common annual income of people living in Warren, OH is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Trumbull County›Warren›44483›550 Freeman St NW

This home is located at 550 Freeman St NW in Warren, OH and zip code 44483. This 1,584 square foot home, which was built in 1920, sits on a 0.19 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $194,900.

While more than 19 listings in Warren, OH in March 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 33 were sold below. In March 2024 in Warren, OH there were 0.5% more homes for sale than in February 2024. Listings spent 44 days on the market in March 2024, and had a median list price of $125,375 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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