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18 units, all 1 bedroom, 1 bath. Ample on-site parking. No interior common areas or halls, all entrances are garden entrances. Renovated throughout and market ready. Over $80,000 in capital improvements in the last 18 months. Area market rents are $795-825 + electric. Owner pays water/sewer/trash and gas to heat (boiler) and HWT. Ideal location close to many amenities, highway access and near the bus route. This is a turn-key well-performing investment opportunity with more room for improvement. Purchased in disrepair and stabilized in condition and tenancy, it will cashflow for you from day-1. Professional property management in place with few vacancies being marketed to new residents at $795+electric per unit per month. This is an ideal location for additional subsidized rents through AMHA and the HUD/VASH programs. The property’s zip code qualifies it for higher rent rates, being in a zone for opportunity for AMHA. The location of this building is ideal as it is close to highways, central akron, and many manufacturing facilities, as well as the popular Portage Lakes. The current property managers are happy to continue service as they work to get the building fully occupied, or it can be transferred with the sale.

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Listed by Century 21 Carolyn Riley RL. Est. Srvcs,Inc.

Based on information submitted to MLS Now as of January 24, 2025 12:30 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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