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.
MLS# | 5059240 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1930 |
Days On Site | 39 |
Listing Provided By | Keller Williams Chervenic Rlty | Darlene Hall |
Bed(s) | 6 |
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Bath(s) | 4 Total |
SQ Feet | 3,248 |
Car Port | Yes |
Basement | Y |
Story(s) | 3 |
Building(s) | 1 |
Acreage | 0.25 |
State | OH |
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County | Summit |
City | Akron |
Zip Code | 44306 |
Community Name | Wilbeth Road Allotment |
Listing VS Median (in Wilbeth Road Allotment) | |
Price: $224,900 low | high Med: $224,900 SqFt: 3,248 low | high Med: 3,248 $ / SqFt: $69 low | high Med: $69 On Site: 39 low | high Med: 39.000000 |