246 5th Street NW, Barberton, OH 44203

$415,000

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Sold Price
$415,000
List Price
$425,000
Status
CLOSED
Days on Market
65
Closing Date
Nov 29, 2024
MLS#
5073047
Subtype
Commercial Sale
Year Built
1900
Acres
0.26
Subdivision
Barberton
Neighborhood
Barberton
MLS Area Major
Barberton

Property Description

246 5th St. NW is a fully leased 7-unit apartment community! The building consists of 7 (1) bedroom / (1) bathroom units with uncovered parking to the side of the building. All 7 units have been renovated by current ownership. Each unit is separately metered for gas/electric. Beautifully decorated kitchens, bath fixtures, new flooring, fresh paint and appliances throughout. Further information can be disclosed once a CA is signed! Property is located at the corner of 5th Street and Lake Anna Court. which is walking distance to Lake Anna. Barberton City has a complex array of streets for homes, churches, schools, and commercial business districts located in Summit County directly Southwest of Akron. The city, which is planned around Lake Anna, is a place to call home; perfect for investors looking to retain long term tenants. 8.56 CAP RATE.

Additional Information

Taxes
$3,446
Zoning
Commercial
Heating
Gas
School District
Barberton CSD - 7702

Listing Courtesy of: Tana Lantry, sold@ohiobrokerdirect.com With Ohio Broker Direct

Selling Office: Keller Williams Legacy Group Realty.

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