1931 Preston Avenue, Akron, OH 44305

$173,750
4
BD
2
BA

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Sold Price
$173,750
List Price
$189,000
Status
CLOSED
Days on Market
52
Closing Date
Jun 18, 2024
MLS#
5034087
Subtype
Residential Income
Year Built
1963
Bedrooms
4
Bathrooms
2
Full Baths
2
Acres
0.12
Subdivision
Britt Heights
Neighborhood
Britt Heights
MLS Area Major
Akron

Property Description

Welcome to 1931-1933 Preston Ave, Akron, Ohio – your prime investment opportunity awaits! This renovated duplex is included in a 4 property – 8 unit package ONLY for $756,000 bringing in $7,000 total rent between all of the properties, all nestled together on a private street with their own parcel numbers, is the epitome of a cash cow property, boasting full occupancy and impressive rental income. Has potential to bring 16% cash on cash return. Each unit, featuring two bedrooms and one bath with an open concept layout, exudes modern charm with new kitchens and bathrooms. With tenants responsible for all utilities, enjoy a hassle-free investment experience. Central air in each unit ensures year-round comfort, while new decks offer outdoor relaxation. This property also includes an attached parking lot for convenience. These properties are well managed and has no deferred maintenance with a reliable maintenance personnel. This package provides a lucrative investment portfolio opportunity. Don't miss out – seize this chance to elevate your investment portfolio today! Do not disturb tenants.(4 Building package includes: 1919/1921 Preston Ave., 1925/1927 Preston Ave., 1931-1935 Preston Ave. & 1937/1939 Preston Ave.)

Additional Information

Taxes
$1,933
Heating
Forced Air, Gas
Air Conditioning
Central Air
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Parking Lot
School District
Akron CSD - 7701

Listing Courtesy of: Mark A Colucci, markcolucci@kw.com With Keller Williams Citywide

Selling Office: Keller Williams Citywide.

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