Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1916
Sq.Footage
912
Open House Sunday, July 12th 1pm-3pm Alliance Investment Property with Rental Upside. Looking for an affordable single-family rental property in Alliance Ohio, priced below comparables. Welcome to 1150 Forest Ave, a vacant 2-bedroom, 1-bath home offering 912 square feet, low annual taxes, and key updates already completed. This property is positioned as a manageable buy-and-hold rental, portfolio addition, or entry-level investment opportunity in the Alliance market. The home is vacant and available now, giving investors the ability to move quickly, complete any preferred turnover items, and place a tenant without navigating an existing lease. Current market rent estimates for similar homes in the Alliance area are approximately $900 to $1,000 per month, offering 10% CAP rental income potential at an affordable price point. Important updates are already in place, including a new roof in 2024, newer vinyl windows, and composite decking on both the front and back porches. Annual property taxes are $693.10, helping support a lower operating cost structure for investors focused on monthly cash flow. The smaller lot also keeps exterior maintenance more manageable, which can be attractive for landlords looking for a simpler rental asset. The location adds to the rental appeal. 1150 Forest Ave is convenient to Alliance restaurants, shopping, grocery stores, the University of Mount Union, Aultman Alliance Community Hospital, local services, and major everyday conveniences. Proximity to employment, education, healthcare, and daily needs can help support steady tenant demand. Affordable single-family rental inventory remains an important part of the Stark County and Alliance housing market. Whether you are expanding an existing portfolio, starting with your first rental, or looking for a property with practical updates and market rent potential, this home deserves a closer look. Vacant, motivated seller. Schedule your private showing today.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
1
-
Above Grade Finished Area
912.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Parking
On Street
-
Patio and Porch Features
Front Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.0478
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Conventional
Price
-
Sales Price
$79,500
-
Tax Amount
$693
-
Sq. Footage
912
-
Price/SqFt
$87
HOA
-
Association
No
School District
-
Elementary School
Alliance CSD - 7601
-
Middle School
Alliance CSD - 7601
-
High School
Alliance CSD - 7601
Property Features
-
Foundation Details
Block
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Stark
Elementary School
Alliance CSD - 7601
Middle School
Alliance CSD - 7601
High School
Alliance CSD - 7601
Listing Courtesy of Debbie L Ferrante , RE/MAX Edge Realty
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AGENT
Jeff Helfrich
Call Jeff today to schedule a private showing.
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