$224,900
 $1,496 est/mo Sourced by Back At You

642 E Wilbeth Road , Akron, OH 44306

Akron, OH 44306

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Description

Great Investment Opportunity: Well-maintained 4-unit Brick apartment building with a solid rental history and full occupancy. This property generates $2,850 in gross monthly income, with long-term tenants on month-to-month leases and one newer tenant secured through 5/31/25. The roof is approximately 12 years old with a single layer, and the boiler was replaced in 2007, reducing potential maintenance costs. Each unit comes equipped with seller-owned refrigerators, stoves, and window air conditioners. Tenants enjoy the convenience of a covered 4-car carport and additional parking off the circular driveway. Located close to public transportation and freeway access, this property offers strong rental appeal. Owner covers all utilities, lawn care, and common area maintenance, with expenses averaging $800 per month.

Details

MLS#5059240
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1930
Days On Site39
Listing Provided ByKeller Williams Chervenic Rlty | Darlene Hall

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet3,248
Car PortYes
BasementY
Story(s)3
Building(s)1
Acreage0.25

Market Activity 44306

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Listings Checked: 4 minutes ago
StateOH
CountySummit
CityAkron
Zip Code44306
Community NameWilbeth Road Allotment
Listing VS Median (in Wilbeth Road Allotment)
Price:
$224,900
low | high
Med:
$224,900
50% of Average
SqFt:
3,248
low | high
Med:
3,248
50% of Average
$ / SqFt:
$69
low | high
Med:
$69
50% of Average
On Site:
39
low | high
Med:
39.000000
100% of Average
Sourced by Back At You
Listing Updated: August 27, 2024 at 4:44:54 PM PDT