Property
Beds
8
Full Baths
4
1/2 Baths
None
Year Built
1991
Sq.Footage
1,225
Location, Location, Location! This multi-unit comprises of (Two) 4 Bedroom/2 Bathroom apartments located on one of the hottest streets by The University of Akron; only 1 block away from campus! Each unit is currently leased through August of 2024 at a rate of $1,400 per unit; $33,600 annually! The upstairs apartment is leased all the way through August 2025 at $1440/mo and the downstairs apartment is currently being shown to prospective tenants at the same rate and will most probably be leased shortly in this hot location for a total of $34,560 annually. All mechanical systems have been redone, the roof was replaced in 2022, the kitchen was remodeled in the upstairs apartment in 2020, the furnace was replaced in 2016, solid oak doors were installed, and Luxury Vinyl Plank was put down in the kitchens and bathrooms. There is plenty of parking in the large lot behind the building. There is nothing to do on this turnkey money machine but collect the rent!
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
4
Area & Lot
-
Lot Size(acres)
0.1789
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Parking
Gravel
Financial
-
Sales Price
$293,900
-
Tax Amount
2440.0
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Location
County
Summit
Elementary School
Akron CSD - 7701
Middle School
High School
Listing Courtesy of Justin T Aikens , Keller Williams Chervenic Rlty
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