1803 Cromwell Drive, Akron, OH 44313

$359,900
5,138
SqFt

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Sold Price
$359,900
List Price
$369,900
Status
CLOSED
Days on Market
137
Closing Date
Mar 04, 2024
MLS#
4498311
Subtype
Commercial Sale
Year Built
1969
Living Area
5,138
Acres
0.23
Subdivision
Park Heights Estate #10
Neighborhood
Park Heights Estate #10

Property Description

Welcome to an outstanding investment opportunity in Akron, Ohio! This meticulously maintained 6-unit commercial apartment building presents a financially attractive prospect for savvy investors. The unit mix includes 4 two-bedroom units and 2 one-bedroom units, providing a reliable & steady income stream. The property underwent extensive remodeling in 2018, ensuring that it's in great condition with reduced maintenance costs. Additionally, a new roof was installed just 3 years ago, adding to the property's appeal & reducing future capital expenses. Situated in a prime location with convenient access to amenities & transportation, this property offers a low-maintenance, high-reward investment. There is a parking lot available, along with garage parking, enhancing convenience & tenant satisfaction. Unit 1 owner pays lights and gas all other tenants pay their own lights & gas. Secure your financial future with this promising Akron investment property!

Additional Information

Taxes
$6,290
Heating
Forced Air, Gas
Air Conditioning
Central Air, Window Unit(s)
Roof
Flat
Parking Features
Covered, Driveway, On Site, Outside, Paved
School District
Akron CSD - 7701

Listing Courtesy of: Louie Biasiotta, louishomes@aol.com With JAMM Real Estate Co.

Selling Office: Richfield Realty Group LLC.

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