Property
Beds
5
Full Baths
3
1/2 Baths
None
Year Built
1916
Sq.Footage
2,628
Calling all investors! This cash-flowing triplex is a great opportunity to combine current income with serious value-add upside. The vacant first-floor unit offers 2 spacious bedrooms and 1 bath, projected at $800 to $900/month after updates. The middle unit, also a spacious 2 bedroom, 1 bath, is currently rented at $800/month on a month-to-month lease. The vacant third-floor unit is a 1 bedroom, 1 bath, projected at $650 to $700/month after updates. Both vacant units need some work, which is reflected in the price, making this the perfect setup for an investor looking to force appreciation. Once stabilized, projected gross rents come in at $2,250 to $2,400/month. Additional features include a 1-car garage, two newer hot water tanks, and two newer furnaces. Bring your vision and start building equity from day one!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
3
-
Above Grade Finished Area
2628.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Unknown
-
Parking
Alley Access, Driveway, Garage, On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1406
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$125,000
-
Tax Amount
$3,099.84
-
Sq. Footage
2,628
-
Price/SqFt
$47
HOA
-
Association
No
School District
-
Elementary School
Akron CSD - 7701
-
Middle School
Akron CSD - 7701
-
High School
Akron CSD - 7701
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Summit
Elementary School
Akron CSD - 7701
Middle School
Akron CSD - 7701
High School
Akron CSD - 7701
Listing Courtesy of Jack Krusinski , EXP Realty, LLC.
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AGENT
Jeff Helfrich
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