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1616 Bank Place Sw, Canton, OH 44706

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New to the Market Active
BEDS2 BATHS1 full SQUARE FEET1,024 MLS#5214435
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCity/Canton SCHOOLCanton City

Property Description

Investment Opportunity! Residential Rental Portfolio - (8) Income Producing Properties, Buy 1 Or All. Live Onsite with Online Bidding. Absolute auction, all sells to the highest bidder(s). Auction Location: 2722 Fulton Dr., Canton, OH 44718. ONLINE BIDDING BEGINS TUESDAY, JUNE 9, 2026, AT 9:00 AM, AND AUCTION LIVE ON-SITE BIDDING WILL BEGIN WEDNESDAY, JUNE 10, 2026, AT 2:00 PM. 1616 Bank offers a turnkey income-producing property with a strong long-term tenant already in place, generating $1,100/month in rental income. This is a solid addition to any investor's portfolio with dependable cash flow from day one. Key features include a newer roof, updated electrical system, and a newer hot water tank. With a stable occupancy history, key mechanical updates have already been completed, and a well-maintained exterior setup, this property is positioned as a low-hassle, income-generating asset in a consistent rental market. Auction #1: 493 Bacon Ave, Akron, OH 44320. Auction #2: 1105 Oak Ave SE, Massillon, OH 44646. Auction #3: 638 Walnut Road SW, Massillon, OH 44647. Auction #4: 1149 Wertz Ave SW, Canton, OH 44646. Auction #5: 1616 Bank PL SW, Canton, OH 44706. Auction #6: 2314 Indiana Way NE, Canton, OH 44705. Auction #7: 1438 Rowland Ave NE, Canton, OH 44705. Auction #8: 2907 25th St NE, Canton, OH 44705. Note: To be offered multi-par, the highest bidder(s) can select one property, multiple, or all. Call the Auctioneer with questions. On-site and Online Bidding Available. All properties will be open for viewing on June 3rd.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: Central Air
Days on Market: 3
Heating: Gas
Home Style: Colonial
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $895 / year
Year Built: 1890

Feature Descriptions

Exterior: Frame
Fencing: Chain Link
Lot Dimensions:
Parcel#: 00209414
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Canton City

Listed By / Shown By

Listed By

Agency Name: Kiko
Agency Contact: cmargelowsky@kikocompany.com, 330-801-7874

Shown By

Agency Title: Kelly Realty
Agency Phone: 330-915-6127

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Estimated Payment

$ 74.58 per month $0.00 Principal & Interest $74.58 Property Tax $0.00 Homeowner's Insurance

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