OH > Akron > Shadyside
Akron, OH 44314,1200 Florida AVE
Akron, OH 44314,1200 Florida AVE
Akron, OH 44314,1200 Florida AVE
8
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$195,000
Est. payment /mo
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8 Beds
4 Baths
4,344 SqFt
Pending

1200 Florida AVE Akron, OH 44314

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Lindsey Rose

Lindsey Rose

+1(330) 591-0823

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,344 sqft

Price per Sqft $44

Subdivision Shadyside

MLS Listing ID 5115426

Bedrooms 8

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 4,344

Total Fin. Sqft 4344

Year Built 1915

Annual Tax Amount $2,591

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Quadruplex

Property Description

Excellent investment opportunity in Akron! This fully rented quadruplex generates impressive cash flow with a gross monthly rent of $32,875 and annual expenses of just $12,935, which includes a professional property management company already in place. With a capitalization rate of 11.25%, this property is a proven moneymaker-ideal for both new and experienced investors. The building features four separate units: two 2-bedroom units, one 1-bedroom unit, and one 3-bedroom unit. Each unit has its own furnace, allowing tenants to control their own heat. The owner pays all utilities and owns all appliances, ensuring smooth operation and tenant satisfaction. This is a turnkey opportunity to own a high-performing asset in a solid rental market. Don't miss your chance to add this income-producing property to your portfolio!

Location

State OH

County Summit

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features None

Water Access Desc Public

Roof Type Slate

Garage false

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Akron Csd - 7701

Others

Tax ID 6804530

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Shannon Hornacek • Howard Hanna • shannonhornacek@howardhanna.com 330-858-8865

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agent

Lindsey Rose

Realtor® | CEO | Team Lead | License ID: 2017001928

+1(330) 591-0823

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1200 Florida AVE