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485 Allyn ST Akron, OH 44304
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Key Details
Sold Price $140,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,232 sqft
Price per Sqft $62
Subdivision Hart & Summers
MLS Listing ID 4423884
Sold Date 03/27/23
Style Colonial
Bedrooms 6
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,232
Year Built 1909
Annual Tax Amount $2,046
Lot Size 6,359 Sqft
Acres 0.146
Property Description
A great opportunity to own 8 contiguous parcels as a package of University of Akron rentals! The package consists of 2 duplexes, 3 single family houses, 2 single family houses with 2 kitchens that could easily be converted to duplexes, and a large 16 spot parking lot.
Annual Income of $119,340, Utilities $7,992, Insurance $3,996, Tax $11,544, Lawn/ Plow $2,802, Repair $2,493. Net Operating Income $88,053
Currently leased through July 2023, owner is in the process of renewing leases through July 2024.
Fantastic cash flow opportunity!!
Location
State OH
County Summit
Rooms
Main Level Bedrooms 2
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features No Garage, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6817879
Financing Conventional
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Bought with Robert J Cole • RE/MAX Above & Beyond