2171 18Th St, Akron, OH 44314

2 Multifamily Properties Offered at $1,515,000 in Akron, OH

Asking Price $1,515,000

Property Type
Multifamily
Square Feet
2,200 SF

Listing Contacts

Lisa Schmitt
Lisa Schmitt

Property Overview

Fantastic investment portfolio! 12 buildings with 25 income producing units totaling over 17,000sf plus 2 vacant lots available for bundle purchase. Average gross income is $170,000-$175,000. Average yearly expenses are $75,000 which is an estsblished NOI of $100,000! Mostly all long term tenants in a popular residential rental district. This bundle consists of two 4-unit, one 3-unit, five 2-unit buildings, four single family homes plus the 2 lots. Located close to the Akron hospitals corridor, schools, factories, shopping, warehouses, etc., make these units very desirable. All single-family home tenants take care of the lawn and pay all of the utilities. The tenants in the buildings pay everything except water. More detailed information is available with a signed NDA and POF or recent preapporoval.

All available spaces

Space
Size
1,000 SF
Space Subtype
Multifamily
Space
Size
1,200 SF
Space Subtype
Multifamily

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