Listed By
Agency Name: RE/MAX Edge Realty
Agency Contact: debbie@debbieferrante.com, 330-958-8394
Shown By
Agent Name: Kaszyca Real Estate
Agent Phone: (330) 353-5206
Agency Title: Cutler Real Estate
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Property Description
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, available now, and ready for its next investor. The seller is motivated. Schedule your private showing today.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Air
Days on Market: 1
Heating: Forced Air, Gas
Home Style: Conventional
Lot Size: 0.05 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $693 / year
Year Built: 1916
Feature Descriptions
Appliances: Dryer, Range, Refrigerator, Washer
Exterior: Aluminum Siding
Laundry: In Basement
Parcel#: 00103876
Parking: On Street
Patio/Porch: Front Porch
Sewer: Public Sewer
Water: Public
Window: Insulated Windows
Room Sizes
Bathroom: N D x N D Level - Second
Kitchen: 11 x 8 Level - First
Bedroom: 10 x 11 Level - Second
Bedroom: 10 x 13 Level - Second
Living Room: 10 x 11 Level - First
Dining Room: 10 x 11 Level - First
Local Schools
School District: Alliance City
Estimate Your Payment
Estimated Payment
$ 489.23 per month $408.29 Principal & Interest $57.75 Property Tax $23.19 Homeowner's InsuranceChange Payment Information
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1150 Forest Avenue | MLS# 5225203
This single family home located at 1150 Forest Avenue, Alliance, OH 44601 is currently listed for sale with an asking price of $79,500. This property was built in 1916 and has 2 bedrooms and 1 full baths with 912 sq. ft. Forest Avenue is located in the Alliance subdivision within the Alliance City school district. Search Alliance real estate on www.kaszycarealestate.com today.