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Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,509 sqft
Price per Sqft $68
MLS Listing ID 5050100
Sold Date 07/25/24
Bedrooms 7
Full Baths 4
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 3,509
Year Built 1913
Annual Tax Amount $2,859
Tax Year 2023
Lot Size 5,919 Sqft
Acres 0.1359
Property Description
Welcome to a fantastic investment opportunity with this 4-unit quadruplex multi-family income property, perfectly positioned with picturesque views of Lake Anna. Spanning 3,509 square feet, this well-maintained stone structure offers excellent rental potential and many updates throughout, making it a great addition to any investor's portfolio. Unit 1, located on the ground floor, features 3 bedrooms, 1.5 baths, and a convenient laundry room. Units 2 and 3 are situated on the second floor, each offering 1 bedroom and 1 bath. Unit 4 occupies the third floor and can be configured with 2 or 3 bedrooms, including 1 bath. Each unit offers a stove, refrigerator and a window/wall A/C. The property includes a full basement with some newer glass block windows, all 27 windows on the 1st, 2nd, and 3rd floors were replaced 3 years ago, and the roof is approximately 10 years old. Additional updates include upgraded electrical and plumbing throughout, a hot water tank replaced 2 years ago, and a new copper waterline from the outside main into the house. Four parking spaces are available behind the house, with additional public parking across the street and in the city parking lot behind the house. This property not only boasts a prime location on Lake Anna but also benefits from modern updates and ample parking. With current rents likely below market value, this property offers significant potential for increased revenue. Whether you're looking to generate rental income or expand your real estate portfolio, this quadruplex offers a compelling investment opportunity. Don't miss out on this chance to own a piece of real estate in a stunning lakeside setting!
Location
State OH
County Summit
Community Lake, Street Lights, Sidewalks
Direction West
Rooms
Basement Exterior Entry, Full, Storage Space, Unfinished, Walk-Out Access
Interior
Interior Features Built-in Features, Ceiling Fan(s), Entrance Foyer, Storage
Heating Electric, Forced Air
Cooling Multi Units, Window Unit(s), WallWindow Unit(s), Zoned
Fireplace No
Window Features Blinds,Double Pane Windows
Appliance Range, Refrigerator
Laundry Washer Hookup, Main Level, In Unit
Exterior
Garage Common, Concrete, On Site, Paved, Shared Driveway, On Street
Pool None
Community Features Lake, Street Lights, Sidewalks
Waterfront Yes
Waterfront Description Lake Front
View Y/N Yes
Water Access Desc Public
View Lake, Neighborhood, Water
Roof Type Shingle
Private Pool No
Building
Lot Description City Lot, Flat, Lake Front, Level, Near Public Transit, Views
Faces West
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Barberton Csd - 7702
Others
Tax ID 0103594
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Eli Mongold • RE/MAX Diversity Real Estate Group LLC