159-166 Walnut Terrace, Akron, OH 44303

$850,000

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Sold Price
$850,000
List Price
$925,000
Status
CLOSED
Days on Market
347
Closing Date
Jun 09, 2025
MLS#
5051694
Subtype
Commercial Sale
Foreclosure
Yes
Year Built
1915
Acres
0.24
Subdivision
Portage
Neighborhood
Portage
MLS Area Major
Akron

Property Description

Investors, don't miss out on this rare opportunity to acquire a fully renovated multi-family property in a great location! This property consists of mostly 3 Bdrm., 1 Bath units, updated in 2020 and situated on a private cul-de-sac for a quiet living environment. Conveniently located near schools, shopping, dining, and transportation routes, boasting a strong rental history with potential for increased revenue. It's proximity to essential amenities, enhances tenant appeal and retention making it ideal for investors seeking a turnkey property with strong income potential. Recent renovations have reduced maintenance costs and attracted higher-quality tenants, making this a solid investment opportunity. Property management will continue to be offered and a discounted fee on a one year term for the new owner.

Additional Information

Taxes
$6,695
Heating
Forced Air, Gas
Roof
Asphalt, Fiberglass
Parking Features
Asphalt, Parking Lot
School District
Akron CSD - 7701

Listing Courtesy of: Lisa A Mazzola, lmazzolac21@gmail.com With Century 21 Wilbur Realty

Selling Office: Snyder & Snyder Real Estate.

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Calculator source: Real Geeks

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