Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
N/A
This fully rented, turnkey 7-unit property presents a strong investment opportunity with immediate upside potential. Recently renovated, the building consists of 4 studio apartments and 3 two-bedroom units, all fully leased. Current rents are below market, offering room for value-add increases—studio units can be raised to approximately $700 per month, and two-bedroom units to around $850 per month, significantly boosting cash flow. The property is designed with ease of management in mind, featuring a tall crawl space that simplifies maintenance and repairs. Additional income is generated through on-site laundry facilities, and the parking lot provides 7+ spaces, adding convenience and tenant appeal. This is a low-maintenance, income-producing asset in strong rental condition with immediate potential to increase revenue. No showings without a written offer.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Forced Air
Exterior
-
Garage
No
-
Parking
Gravel, Off Street, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.2479
-
Property Type
Commercial Sale
-
Property Sub Type
Apartment
Price
-
Sales Price
$450,000
-
Tax Amount
6688.0
-
Zoning
Commercial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
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 Sylvia Incorvaia , EXP Realty, LLC.
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