Property
Beds
14
Full Baths
6
1/2 Baths
None
Year Built
1904
Sq.Footage
4,750
Great opportunity to buy 3 contiguous properties at University of Akron!! Cash flow and maintenance free!! There are 2 single family homes and a duplex next to each other on Allyn and Bellewood. All 3 properties have been gut renovated- 490 Allyn (2007), 279 Bellewood (2015), 281 Bellewood (2016). The renovations include: new windows, siding, plumbing, electric, HVAC, KraftMaid kitchen cabinetry, appliances, flooring throughout and more. For each property there is on-site parking, a great front porch, in unit laundry and large bedrooms that always make it an easy rent. 490 Allyn- $1975/mo./ $23,700 annually and the tenants pay all utilities. 279 Bellewood- $1540mo./ $18,480 annually and the tenants pay all utilities. 281 Bellewood- $2050mo./ $24,600 annually and the tenants pay all utilities. Total NOI: Rent $66,780, $4845 taxes, $1906 insurance= $60,029!!! 11.77% cap rate! No deferred maintenance, in prime shape, & turnkey condition! Located on the campus bus route and within a few
Features & Amenities
Interior
-
Total Bedrooms
14
-
Bathrooms
6
-
Above Grade Finished Area
4750.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
No Garage, Paved, Unpaved
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.089
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$509,900
-
Tax Amount
4834.0
-
Sq. Footage
4, 750
-
Price/SqFt
$107
HOA
-
Association
No
School District
-
Elementary School
Akron CSD - 7701
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Water Source
Public
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Location
County
Summit
Elementary School
Akron CSD - 7701
Middle School
High School
Listing Courtesy of Justin T Aikens , Keller Williams Chervenic Rlty
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AGENT
Jeff Helfrich
Call Jeff today to schedule a private showing.
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