$1,260,000
$1,400,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
0.71 Acres Lot
SOLD DATE : 12/23/2024
Key Details
Sold Price $1,260,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Park Heights Estate #9
MLS Listing ID 5073949
Sold Date 12/23/24
HOA Y/N No
Year Built 1966
Annual Tax Amount $26,563
Tax Year 2023
Lot Size 0.706 Acres
Acres 0.7058
Property Description
Unique opportunity to acquire 14 townhome style units in Northwest Akron, on the boarder of Fairlawn and Sandrun Park. Residents enjoy on-site parking/individual garage spaces, in-suite laundry, many interior updates and great access to W. Market St. The property has undergone significant renovations over the past several years. Property can cash flow day 1 and has potential upside through continued interior improvements, RUBS utility bill back program, and simply bringing current rents to market. Unit breakdown: 5 - 4bd/1.5bth and 9 - 3bd/1.5bth (all townhome style units). This floor plan provides tenants ease of access and privacy not normally found through traditional apartments.
Location
State OH
County Summit
Rooms
Basement Apartment, Exterior Entry, Unfinished, Walk-Up Access, Walk-Out Access
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Additional Parking, Attached, Common, Direct Access, Garage, On Site, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Multi-Family
Total Parking Spaces 18
Building
Story 2
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Akron Csd - 7701
Others
Tax ID 6700001
Financing Cash
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Bought with Charles Lewis • Home Equity Realty Group