NOT LISTED FOR SALE
8 Beds
4 Baths
6,048 Sq Ft
4,360 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $201,000 $33 Per Sq Ft

5 Days on Market

About This Home

As of February 2020

An excellent turn key investment in the highly sought after Highland Square neighborhood of Akron. This all brick 4 unit is 100% occupied, and has a gross income of $28,200 per year, with over an 11% cap rate. Each unit has been updated. The roof was replaced in 2019. The basement was fully waterproofed in 2019 by Esterle Construction.

Last Agent to Sell the Property

Jacob Coker

Keller Williams Chervenic Rlty License #2002022277 Listed on: 02/05/2020

Keller Williams Chervenic Rlty

Last Buyer's Agent

Jenn Pinto

Keller Williams Elevate License #2016002958

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,624

Year Built

  • Built in 1927

Lot Details

  • 4,360 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 6,048 Sq Ft Home
  • 4-Story Property

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6710733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,624

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 33.23
  • Estimated Price per Sq Ft: 33.23
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 6048
  • Year Built: 1927
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator, Sump Pump
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 6048.00
  • Sq Ft Approx Total Finished: 6048.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Fee Information

  • Op Expenses: 5704.00

Schools

  • School District: Akron CSD
  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1001
  • Parcel Number: 6710733

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas, Heating

Multi Family

  • Unit Count: 4
  • Gross Income: 28200.00
  • Net Income: 22497.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2624

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $201,000 +0.5% $33 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $200,000 -- $33 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4165085

MLS Now