3 Beds
1 Bath
$55,000
1316 Saint Elmo Avenue NE, Canton OH, 44705
Built in1916
Property typeResidential
Overview
Active
Listed Oct 30, 2026
Updated 39h ago
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.
$366/mo
Est. mortgage payment based on a $55,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5257545
Interior Features
- Bedrooms
- 3
- Bathrooms
- 1
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.07 Acres
Other Property Details
- Taxes
- $780
- Tax Frequency
- Annually
- Municipality
- Canton
Courtesy of Red 1 Realty, LLC.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Heather Young shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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