642 E Wilbeth Road, Akron, OH 44306
- $210,450
- 6
- BD
- 4
- BA
- 3,248
- SqFt
- Sold Price
- $210,450
- List Price
- $214,900
- Status
- CLOSED
- Days on Market
- 131
- Closing Date
- Dec 18, 2024
- MLS#
- 5059240
- Subtype
- Residential Income
- Year Built
- 1930
- Bedrooms
- 6
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,248
- Acres
- 0.25
- Subdivision
- Wilbeth Road Allotment
- Neighborhood
- Wilbeth Road Allotment
- MLS Area Major
- Akron
Property Description
Great Investment Opportunity: Well-maintained 4-unit Brick apartment building with a solid rental history and full occupancy. This property generates $2,850 in gross monthly income, with long-term tenants on month-to-month leases and one newer tenant secured through 5/31/25. The roof is approximately 12 years old with a single layer, and the boiler was replaced in 2007, reducing potential maintenance costs. Each unit comes equipped with seller-owned refrigerators, stoves, and window air conditioners. Tenants enjoy the convenience of a covered 4-car carport and additional parking off the circular driveway. Located close to public transportation and freeway access, this property offers strong rental appeal. Owner covers all utilities, lawn care, and common area maintenance, with expenses averaging $800 per month.
Additional Information
- Taxes
- $3,672
- Appliances
- Range, Refrigerator
- Heating
- Gas, Hot Water, Steam
- Air Conditioning
- Window Unit(s)
- Stories
- 3
- Levels
- Three Or More
- Roof
- Asphalt, Fiberglass
- Parking Features
- Driveway, Detached, Garage, Unpaved
- School District
- Akron CSD - 7701
Listing Courtesy of: Darlene Hall, darlenehall@kw.com With Keller Williams Chervenic Rlty
Selling Office: RE/MAX Above & Beyond.Mortgage Calculator
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