Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1958
Sq.Footage
N/A
Akron multi-family investment opportunity in Ellet Schools (Betty Jane, Hyre, Ellet)! Total of 6 units located in 3 buildings. MUST ALL BE PURCHASED TOGETHER AT A PRICE OF $370,000. Each 2 unit sits on an individual parcel of land. Every unit is 1 bedroom and 1 bathroom with in-unit laundry. Vaulted ceilings in the living room and bedroom help the units feel more spacious. Windows on all buildings have been replaced approximately 6 years ago. All furnaces have been replaced approximately 6-8 years ago. New roof (2025) on 2358/2356, roof on 2350/2352 roughly 8 years old and roof on 2354/2356 roughly 10 years old. Akron water/sewer bill is paid by the owner (Approx. $270 per month) and all 6 units are currently on one meter. Dumpster is shared with the 4 unit apartment next door- owner currently pays $50 per month for their half of the dumpster expense. All units have a wall or window mounted AC unit provided by the landlord. All units have a range and refrigerator provided by the landlord. Good off street parking available. Units produce a gross rent of $3,665 monthly ($43,980 per year) - currently being rented below market rate with great opportunity for cash flow growth. Unit 2354 is larger than the other units- but still consists of 1 bedroom, 1 bathroom. Lawncare currently provided by tenant. No snow removal provided. 2350 has a lease through March of 2026 and 2356 has a lease through November 2025. All other tenants are month to month. Addresses are 2350, 2352, 2354, 2356, 2358 and 2360 Newton St. Property must be sold to one owner- and at closing there will be deed restrictions that if any parcel is ever sold to individual buyers that water meters will be required to be split and metered for each parcel separately. See MLS attachments for more information.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.3873
-
Property Type
Commercial Sale
Exterior
-
Garage
No
Financial
-
Sales Price
$370,000
-
Tax Amount
5400.0
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA dues:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Summit
Elementary School
Akron CSD - 7701
Middle School
High School
Listing Courtesy of Steven Mosholder , Mosholder Realty Inc.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

FOUNDER
TysonHartzler
Call Tyson today to schedule a private showing.

* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
