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Key Details
Sold Price $154,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $106
Subdivision Hillcrest Park
MLS Listing ID 4398981
Sold Date 10/03/22
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,450
Year Built 1966
Annual Tax Amount $2,597
Lot Size 5,105 Sqft
Acres 0.1172
Property Description
INVESTORS DREAM! 2 separate BRICK RANCH buildings sitting side by side, on the corner of Coventry AND Palmetto, with shared driveways between the buildings and exits/entrances out onto both Palmetto AND Coventry. Each building has 2 units in each. Each unit has 2 bedrooms, full bath, kitchen and living room, and their OWN, separate basement for their unit. So, 4 units total and there are 2 bedrooms in each unit. Buildings, together, as a package deal are listed for $325,000. Each building, separately, is listing for $175,000. AVERAGE RENT, CURRENTLY, in AKRON for a 2 BEDROOM UNIT is $835. Projected rents are listed on this listing. Current landlord has owned the property for a long time and just hasn’t raised the rents to current market rates, but the rent could easily be righted with a new lease, if desired.
Location
State OH
County Summit
Direction East
Rooms
Basement Full, Other, Unfinished
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Appliance Range, Refrigerator
Laundry In Unit
Exterior
Garage Other, Paved, Parking Lot
Fence Other
View Y/N Yes
Water Access Desc Public
View City, Trees/Woods
Roof Type Asphalt,Fiberglass
Accessibility None
Parking Type Other, Paved, Parking Lot
Building
Lot Description Corner Lot, Flat, Level, Wooded
Faces East
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Akron Csd - 7701
Others
Tax ID 6838512
Financing Conventional
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Bought with Andrea McFadden • EXP Realty, LLC.
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