Property
Beds
6
Full Baths
6
1/2 Baths
None
Year Built
1928
Sq.Footage
5,670
This solid all-brick multi-unit complex is just waiting for someone with an eye for opportunity, and a plan for updates. Featuring four one-bedroom apartments on the first and second levels, with the potential of converting the two second floor units to two-bedrooms. You’ll find two more one-bedroom units on the lower level. They’re not currently rentable and will need full renovation, but with vision, money, and a bit of elbow grease, they’re poised to become solid income producers. The building itself has great bones. The boiler is approximately four years old, and the classic brick construction stands as a testament to durability. The layout is straightforward and functional, making future upgrades simple to plan. Financially, there’s a lot to get excited about. Once updated, market rents for the upstairs units could reach around $900/month each, while the lower units could fetch roughly $700/month. Tenants pay their own electric and gas. Owner covers water. There’s a shared driveway and parking arrangement with the neighboring apartment complex (that's been updated), adding convenience for tenants. Two of the units are currently occupied and providing income. The seller is keeping showings easy on current renters: two vacant units and the basement are available for viewing up front, with the occupied units viewable for serious buyers. This property isn't move-in ready. It's make-it-your-own ready. For the right investor, it's a clear path to strong cash flow, all while adding lasting value to the neighborhood. Bring your plans, your contractor, and your imagination. This is the kind of property that rewards the ones willing to do the work.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
6
-
Above Grade Finished Area
5670.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Hot Water, Steam, Radiant
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Common
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1302
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$149,999
-
Tax Amount
5511.0
-
Sq. Footage
5, 670
-
Price/SqFt
$26
HOA
-
Association
No
School District
-
Elementary School
Akron CSD - 7701
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
Summit
Elementary School
Akron CSD - 7701
Middle School
High School
Listing Courtesy of Dannie Moore , Keller Williams Chervenic Rlty
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