For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $156,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $53
Subdivision Hillcrest Park
MLS Listing ID 4401482
Sold Date 10/11/22
HOA Y/N No
Abv Grd Liv Area 2,900
Year Built 1966
Annual Tax Amount $5,009
Lot Size 7,405 Sqft
Acres 0.17
Property Description
INVESTORS DREAM! 2 separate BRICK RANCH buildings sitting side by side, on the corner of Coventry AND Palmetto, with shared driveways between the buildings and exits/entrances out onto both Palmetto AND Coventry. Each building has 2 units in each. Each unit has 2 bedrooms, full bath, kitchen and living room, and their OWN, separate basement for their unit. So, 4 units total and there are 2 bedrooms in each unit. Buildings, together, as a package deal are listed for $325,000. Each building, separately, is listing for $175,000. AVERAGE RENT, CURRENTLY, in AKRON for a 2 BEDROOM UNIT is $835. Projected rents are listed on this listing. Current landlord has owned the property for a long time and just hasn’t raised the rents to current market rates, but the rent could easily be righted with a new lease, if desired.
Location
State OH
County Summit
Rooms
Basement Full, Other, Unfinished
Interior
Cooling Other
Fireplace No
Exterior
Garage Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Water Public
Schools
School District Akron Csd - 7701
Others
Tax ID 6838513
Financing FHA
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Eric Cooper • EXP Realty, LLC.