Vision Sales Team

Ranch

489 Allyn Street

Akron, OH 44304

MLS#: 4423116

$99,900

Status: Closed
Listing number: 4423116
Listing provided by: Keller Williams Chervenic Rlty
Listing agent phone: None
Last update: 3 years ago
On site: 3 years ago
Browse Properties
Summer & Harts Add - Residential

Property

Beds

2

Full Baths

1

1/2 Baths

None

Year Built

1923

Sq.Footage

872

Located in the heart of off campus houses, this a great opportunity to own 8 contiguous parcels as a package of turnkey University of Akron student rentals! The 26 bedroom package consists of 2 duplexes, 3 single family houses and 2 additional single family houses each with 2 kitchens that could easily be converted into duplexes.There is also a large 16 space parking lot. Annual Income of $119,340, Utilities $7,992, Insurance $3,996, Tax $11,544, Lawn $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!!

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    1

  • Above Grade Finished Area

    872.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    No Garage, Paved

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1707

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Ranch

Price

  • Sales Price

    $99,900

  • Tax Amount

    $1,212

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    872

  • Price/SqFt

    $114

HOA

  • Association

    No

School District

  • Elementary School

    Akron CSD - 7701

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Sewer

    Public Sewer

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Location

County

Summit

Elementary School

Akron CSD - 7701

Middle School

High School

Listing Courtesy of Justin T Aikens, Keller Williams Chervenic Rlty

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Agent Austin Lape

AGENT

Austin Lape

Call Austin today to schedule a private showing.

(330) 808-6162

Austin@VisionSalesTeam.com


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Located in the heart of off campus houses, this a great opportunity to own 8 contiguous parcels as a package of turnkey University of Akron student rentals! The 26 bedroom package consists of 2 duplexes, 3 single family houses and 2 additional single family houses each with 2 kitchens that could easily be converted into duplexes.There is also a large 16 space parking lot. Annual Income of $119,340, Utilities $7,992, Insurance $3,996, Tax $11,544, Lawn $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!!

489 Allyn Street

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