This is a turn-key investment opportunity ready to perform. The building was vacated for the in depth renovations in plumbing, window replacements, new baths and kitchens as well as painting and flooring throughout each unit. Deferred exterior maintenance was tended to and it’s been brought back to life. Professional property management in place, it’s being marketed for its new residents at $850+electric per unit per month. Of the recent applicants, one is a subsidized voucher-holder, and the Housing Authority validated the rent rate. The current property managers are happy to continue service as they work to get the building fully occupied, or it can be transferred with the sale.
MLS# | 5042828 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1908 |
Days On Site | 87 |
Listing Provided By | Century 21 Carolyn Riley RL. Est. Srvcs, Inc. | Mark E Miller |
SQ Feet | 4,400 |
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Units | 8 |
Building(s) | 1 |
Acreage | 0.14 |
State | OH |
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County | Summit |
City | Barberton |
Zip Code | 44203 |
Community Name | Barberton |
Listing VS Median (in Barberton) | |
Price: $625,000 low | high Med: $250,000 SqFt: 4,400 low | high Med: 3,192 $ / SqFt: $142 low | high Med: $78 On Site: 87 low | high Med: 82.000000 |