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2268 23rd ST SW Akron, OH 44314
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Key Details
Sold Price $497,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,040 sqft
Price per Sqft $70
Subdivision Shadyside Allotment
MLS Listing ID 4309203
Sold Date 01/04/22
HOA Y/N No
Abv Grd Liv Area 7,040
Year Built 1965
Annual Tax Amount $8,244
Lot Size 5,580 Sqft
Acres 0.1281
Property Description
Great 12-unit investment opportunity for new or experienced investors! Property has many long-term tenants, nine of whom are AMHA assisted (which guarantees rental income). Gross rent is 7300/mo. Property includes three new boilers as of 2020 and a new roof as of 2018. Property expenses are minimal with owner paying gas, water, trash & sewer. Gas expense is approximately $340/mo Jan-May; $90/mo remainder of year. Water is a steady $500/mo year-round. Trash is maintained by Kimble at approximately $90/mo. Run your numbers and you'll find this is a great deal and could be a gem to your portfolio. Close to highway access, bus route, and shopping.
Location
State OH
County Summit
Rooms
Basement Full
Interior
Fireplace No
Exterior
Roof Type Asphalt,Fiberglass
Schools
School District Akron Csd - 7701
Others
Tax ID 6756828
Financing Conventional
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Bought with Karen E Sbory • Century 21 Carolyn Riley RL Est. Srvcs.