Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1957
Sq.Footage
N/A
Investor Special!! This 12 Single Family Portfolio offers investors a stabilized, cash flowing opportunity to acquire 12 single-family homes located throughout Akron. Each property has been well maintained and professionally managed, providing immediate rental income and long-term upside potential. Investment Summary Portfolio Size: 12 Single-Family Homes, Occupancy rate 87%, Monthly Gross Rent $13,302, Annual Net Operating Income (NOI) $120,000, Cap Rate: 7.5%, Section 8 approved for consistent, reliable income. This portfolio has performed as a strong cash-flow asset for many years, with consistent occupancy and proven rental demand in the Akron market. With all homes Section 8 approved and rent-ready, investors can step into an established, income-producing portfolio with minimal disruption. The following addresses are in the portfolio. 618 Sanford Ave Akron, OH 44305 Parcel # 6806648 1257 Greenwood Ave Akron, OH 44320 Parcel # 6720710 1145 Brown St Akron, OH 44301 Parcel # 6709487 785 Bellevue Ave Akron, OH 44307 Parcel # 6803711 1198 Easton Dr Akron, OH 44310 Parcel # 6832808 549 Garry Rd Akron, OH 44305 Parcel # 6801556 1123 Coventry St Akron, OH 44306 Parcel # 6746729 1326 Pontiac St Akron, OH 44307 Parcel # 6807318 723 Virginia Ave Akron, OH 44306 Parcel # 6807563 2541 Edgebrook Ave Akron, OH 44312 Parcel # 6707133 1951 Faye Rd Akron, OH 44306 Parcel # 6858894 1084 Yukon Ave Akron, OH 44320 Parcel # 6704473
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1543
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,600,000
-
Tax Amount
1231.0
-
Zoning
Residential
-
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
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Summit
Elementary School
Akron CSD - 7701
Middle School
High School
Listing Courtesy of Marshall Stephens , Keller Williams Chervenic Rlty
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
FOUNDER
TysonHartzler
Call Tyson today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Related Properties
Akron
2323 Newton Street
None Beds
None Baths
35,284 Sq.Ft.
$1,900,000
MLS#: 5139821
