BEDS4
BATHS4 full
SQUARE FEET3,360
MLS#5231356
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCole Ave Allotment
SCHOOLAkron City
Property Description
Investor Special! Solid brick 4-unit multifamily property with immediate cash flow and value-add potential. Each unit offers 1 bedroom, 1 bathroom, a living room, dining room, and a bonus room, providing spacious layouts that appeal to tenants. Currently fully occupied, with two units renting for $500/month and two units renting for $750/month. Opportunity to increase returns through rental increases. Additional upside with the potential to finish the lower level and convert the property into a 6-unit building Convenient Akron location near shopping, restaurants, public transportation, and major highways.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Heating: Hot Water, Steam
Lot Size: 0.13 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $5,550 / year
Year Built: 1928
Feature Descriptions
Exterior: Brick
Laundry: Common Area
Parcel#: 6746975
Parking: Gravel
Sewer: Public Sewer
Water: Public
Local Schools
School District: Akron City
Listed By / Shown By
Listed By
Agency Name: Realuxe Ohio
Agency Contact: mandria@realuxerealestate.com, 440-341-2878
Shown By
Agent Name: Darrell Blausey
Agent Phone: (419) 351-1525
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 2,227.53 per month $1,677.56 Principal & Interest $462.50 Property Tax $87.47 Homeowner's Insurance
228 Cole Avenue | MLS# 5231356
This multi-family property located at 228 Cole Avenue, Akron, OH 44301 is currently listed for sale with an asking price of $299,900. Cole Avenue is located within the Akron City school district. Search Akron real estate on www.darrellrealestate.com today.