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Key Details
Sold Price $132,055
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $39
Subdivision Cole Ave Allotment
MLS Listing ID 4431838
Sold Date 06/28/23
HOA Y/N No
Abv Grd Liv Area 3,360
Year Built 1928
Annual Tax Amount $4,691
Lot Size 5,536 Sqft
Acres 0.1271
Property Description
Court Appointed Receiver, is pleased to present the opportunity to acquire 232 Cole Avenue, an occupied 6-unit multifamily asset located in Akron Ohio. According to public record, the property was originally built in 1928 and features a 3,360 SF apartment building. The building consists of six (6) total units all featuring 1 bedroom and 1 bathroom. The two (2) lower level units are approximately 530 SF, the four (4) 1st and 2nd floor units are approximately 728 SF. The property is currently 50% occupied. The boiler is inoperable and will need to be repaired or replaced. Situated on 0.127 acre lot, the property has surface parking in the rear. In addition, the asset is under 2 miles from downtown Akron, The University of Akron and nearby hospitals, shopping and dining options. This is a great value-add opportunity for investors!
Location
State OH
County Summit
Rooms
Basement Full
Interior
Heating Gas, None
Cooling None, Window Unit(s)
Fireplace No
Exterior
Garage On Site, Paved, Shared Driveway
Water Access Desc Public
Parking Type On Site, Paved, Shared Driveway
Building
Sewer Public Sewer
Water Public
Schools
School District Akron Csd - 7701
Others
Tax ID 6746984
Financing Cash
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Bought with Non-Member Non-Member • Non-Member