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868 Jason AVE Akron, OH 44314
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Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $45
Subdivision Lakewood Heights
MLS Listing ID 4389467
Sold Date 08/18/22
Bedrooms 6
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,600
Year Built 1925
Annual Tax Amount $2,756
Lot Size 8,250 Sqft
Acres 0.1894
Property Description
Attention investors! You will not want to pass on this brick 4 unit (plus large garage) money- maker. All units are rent ready. Buy this property, pick your own tenants, and start making money right away. There are two 1 bedroom units with estimated market rent of $600/each, two -2 bedroom units @ $700/ea, and a large garage with an estimated rent value of $300/month (can fit approximately 4+ cars). Estimated gross rent is $2,900/month. Electric is split for all units, which would be paid by tenant. Owner pays water/sewer, trash, and gas. All expenses including real estate taxes are estimated at around $8,835 per year. Based on these numbers, this property is being offered at a 15% cap rate. New updates include newer roofs, 2 new furnaces, hot water tank, and so much more. Call today to add this to your rental portfolio.
Location
State OH
County Summit
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area
Exterior
Parking Features Attached, Electricity, Garage, Unpaved
Garage Spaces 4.0
Garage Description 4.0
Water Access Desc Public
Roof Type Rubber
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6804275
Financing Conventional
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Bought with Shannon Hornacek • Howard Hanna