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22 W York ST Akron, OH 44310
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Key Details
Sold Price $245,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,328 sqft
Price per Sqft $73
Subdivision Portage Township 6
MLS Listing ID 5077085
Sold Date 12/17/24
Bedrooms 4
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,328
Year Built 1965
Annual Tax Amount $3,811
Tax Year 2023
Lot Size 6,777 Sqft
Acres 0.1556
Property Description
Investor's Dream! Welcome to 22 York St, Akron OH, a well maintained 4- unit muli-family property featuring four 1- bedroom, 1 bath units. This property offers an unheard-of CAP rate of over 16%, with a monthly rent income of $3,413. One tenant has been in place for years and has no plans of leaving, providing long-term stability, while another unit is Section 8 approved through Metro Housing, ensuring reliable, guarantee income. Each unit offers cozy living spaces, and the property is located in a convenient area close to public transportation, shopping, and local amenities. Don't miss this fantastic opportunity to secure an outstanding income-generating asset!
Location
State OH
County Summit
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features On Site, On Street
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6728985
Financing Conventional
Special Listing Condition Standard
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Bought with Laura Fraser • KMLK Realty