Neighborhood: South Akron(north), Akron City, William T & Bessie Voris Sawye
Solid investment opportunity! This property consists of two retail addresses (871 and 873 Brown St), 2 apartments on the second floor (869 Brown apt 1 & 2), and the detached single family home behind it (538 Baird St). All five units have been completely remodeled and are fully rented. New flooring, paint, 3 new furnaces, 1 new HWT, all new bathrooms, rebuilt fire escape, and 538 Baird has new kitchen and deck. Gross income is $3,700/month and owner pays water/trash/sewer (approx $150-200/month). Self-managed it offers an 18+% cap rate. All tenants would like to stay and have 6+ month leases. Available as a package with MLS#4312326.
Courtesy of: EXP Realty, LLC. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX MLS. Real estate listings held by brokerage firms other than NORMLS are marked with the Internet Data Exchange logo and detailed information includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. NORMLS might not display the entire NEOHREX MLS IDX database on this website. The listings of some real estate brokerage firms may have been excluded. Updated: 23rd September, 2021 3:46 PM