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Key Details
Sold Price $64,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $58
Subdivision Voris
MLS Listing ID 4218768
Sold Date 11/03/20
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,100
Year Built 1910
Annual Tax Amount $790
Lot Size 5,170 Sqft
Acres 0.1187
Property Description
ATTENTION INVESTORS! Welcome to 688 Sherman St, Akron, OH. Great opportunity to add a cash flowing property to your portfolio. This property is currently rented for $950 a month and tenant pays all utilities! This property could have a possible cap rate of 16% or a possible 39% cash on cash return! Along with the great return on investment this property has many updates for peace of mind as a landlord too. This property has all new flooring, carpet, toilet, shower, and counter tops. This area is great for University Rentals too and you will have plenty of parking for that with the extra parcel that is included. Taxes reflect both parcels. Schedule your private showing today so you can add 688 Sherman St, Akron, OH to your investment portfolio.
Location
State OH
County Summit
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplaces Number 1
Fireplace Yes
Exterior
Garage No Garage, Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type No Garage, Unpaved
Building
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6707675
Financing Conventional
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Bought with Mark A Young • Keller Williams Chervenic Rlty