25
See all 25 photos
$480,000
Est. payment /mo
7,840 Sqft Lot
New
1171 Big Falls AVE Akron, OH 44310
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Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5116825
HOA Y/N No
Year Built 1925
Annual Tax Amount $8,916
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Apartment
Property Description
Investment opportunity! Portfolio of 5 houses ( one duplex and four single family) in Akron's North Hill neighborhood. Great
Opportunity to purchase well established group of properties All within a few streets of each other. The current owner is retiring.
100% occupied with long term tenants currently on month to month. See attached rent roll for details. Tenants pay all utilities. Gross
rents are $55,200.00 Net operating income after taxes and insurance is $42,301.00 Cap rate is 9%
**Pre approved or cash buyers only. Inspection/walk through with accepted contract only.
Opportunity to purchase well established group of properties All within a few streets of each other. The current owner is retiring.
100% occupied with long term tenants currently on month to month. See attached rent roll for details. Tenants pay all utilities. Gross
rents are $55,200.00 Net operating income after taxes and insurance is $42,301.00 Cap rate is 9%
**Pre approved or cash buyers only. Inspection/walk through with accepted contract only.
Location
State OH
County Summit
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Other
Fireplace No
Exterior
Parking Features On Site
Water Access Desc Public
Roof Type Asphalt
Present Use Residential,Single Family
Building
Sewer Public Sewer
Water Public
Schools
School District Akron Csd - 7701
Others
Tax ID 6705898
Listed by Debbi Osborne • Howard Hanna • debbiosborne@howardhanna.com 216-287-4890