For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $130,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $74
Subdivision Bellows Allotment
MLS Listing ID 4463963
Sold Date 10/20/23
Bedrooms 3
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 1,750
Year Built 1927
Annual Tax Amount $1,781
Lot Size 4,800 Sqft
Acres 0.1102
Property Description
CALLING ALL INVESTORS!!! Welcome to 1235 Wilbur Avenue, a fantastic investment opportunity in the heart of Akron, Ohio! This well maintained triplex offers an excellent chance to enhance your real estate portfolio. Situated in a prime location, this property presents a lucrative income-generating potential that boasts three spacious units, each providing comfortable living spaces and modern amenities. This owner occupied first floor unit could potentially bring in $700 a month while the remaining two units bring in $645 and $500 a month which after expenses, could provide you close to a 10% cap rate! With ample parking available in the back, residents will appreciate the convenience of off-street parking. Located on Wilbur Avenue, this triplex enjoys a desirable Akron address. It is conveniently situated near major highways, shopping centers, restaurants, and various amenities, ensuring a convenient lifestyle for tenants. Additionally, the property is within close proximity to several
Location
State OH
County Summit
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None, Window Unit(s)
Fireplace No
Exterior
Garage Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Unpaved
Building
Entry Level Two
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6731927
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Deletria C Walters • Twin Oaks Realty