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$295,000   Price Analysis
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2724 E River Rd
Newton Falls, OH 44444
8 bed 5 bath 4,080 SqFt ($72/SqFt)
5.29 acre lot. Built 1848
Listed 2024-07-17, Taxes $3,416
USDA Eligible
near Newton Falls, OH
 Restrictions may apply
due to home size

Unique investment opportunity on over 5 acres in Newton Township.

This historic home has been converted to a duplex and there is an additional small home on the property as well. The front portion of the home is a four bedroom, one and a half bath unit, rented for $1000 per month and the rear unit is a two bedroom, one and a half bath currently rented for $850.

The ranch home is a two bedroom one bath currently rented for $700. This property and all residences currently have free gas, well water and are serviced by septic. The tenant pays electric. There is a 3 car garage out back and a pond at the front of the proprty. Both septic systems have passed Trumbull County Health District.


Presented by Angela Javorsky at
CENTURY 21 Lakeside Realty.
Listing Agent Photo

Property MLS #5054513 from MLSNOW

Bedrooms: 8

Total Rooms: 18
Basement Description: ExteriorEntry, Unfinished

Total Bathrooms: 5
Full Bathrooms: 3
1/2 Bathrooms: 2

Cooling Features: WallWindowUnits
Heating Features: ForcedAir, Gas, HotWater, Steam
Heating: Yes

Lot Size Acres: 5.2893
Lot Size Source: Assessor
Lot Size Square Feet: 230402

Garage Spaces: 3
Parking Features: Unpaved

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2

Elementary School District: Newton Falls EVSD - 7817
High School District: Newton Falls EVSD - 7817
Middle or Junior School District: Newton Falls EVSD - 7817

Newton Falls Elementary School is a public elementary school located approximately 0.6 miles away.
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Newton Falls High School is a public high school located approximately 0.6 miles away.
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Newton Falls Junior High School is a public middle school located approximately 0.6 miles away.
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Sts. Mary & Joseph School is a private elementary and middle school located approximately 0.7 miles away.
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Gross Income: 2550
Tenant Pays: AllUtilities

Annual Tax Amount: 4131.54
Source Listing Status: Active
County: Trumbull
Directions: From 534 to E River Rd
Tax Year: 2023
Source Property Type: ResidentialIncome
Parcel Number: 51-901551
Township: Newton Twp
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$56,740 + $11,940
$68,680
$3,416
2021$56,740 + $11,940
$68,680
$3,796

Listed 2024-07-17
$295,000
MLSNOW
Sold 2023-10-17
$1,700
MLSNOW
Listed 2023-06-30
$295,000
MLSNOW

Total Square Feet Living: 4080
Year Built: 1848
Above Grade Finished Area: 4080
Above Grade Finished Area Source: Assessor
Below Grade Sqft Area Source: Owner
Construction Materials: AluminumSiding
Direction Faces: East
Levels: Two
Living Area Units: SquareFeet
Property Age: 176
Roof: Metal
Levels or Stories: 2
Year Built Source: PublicRecords

Sewer: SepticTank
Water Source: Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.