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319 Power Street

Akron, OH 44311
  • $129,900
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 4423058
UPDATED: 44 min ago
$129,900
  • 4
    BEDS
  • 0.26
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,452
    SQFT
  • $89
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1899
County:

School Ratings & Info

School District:
Listing courtesy of Keller Williams Chervenic Rlty.
Listing information © 2022 YES-MLS.

Description

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 $88,053Currently leased through July 2023; owner is in the process of renewing leases through July 2024. Fantastic cash flow opportunity!!

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX ONE are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-11-29T18:09:12.487.
www.onerealtyhomes.com/homes/134876671
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319 Power Street Akron, OH 44311

  • Price: $129,900
  • Status: Active
  • On Site: 10 Days
  • Updated: 44 min ago
  • MLS #: 4423058
4
Beds
2
Baths
1
½ Baths
0.26
Acres
1,452
SQFT
$89
$/SQFT
1899
Built
Neighborhood:
Voris & Steinbacher
County:
Summit
Area:
Akron-Central
School District:
Akron CSD
Property Description
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 $88,053Currently leased through July 2023; owner is in the process of renewing leases through July 2024. Fantastic cash flow opportunity!!
Exterior Features

Architectural Style Colonial Attached Garage YN No Construction Materials Vinyl Siding Exterior Features Paved Driveway Garage YN Yes Parking Features DetachedGarage Roof AsphaltFiberglass

Interior Features

Basement YN Yes Below Grade Finished Area 0 Building Area Total 1452 Cooling None Cooling YN No Fireplace YN Yes Fireplaces Total 1 Heating Forced AirGas Heating YN Yes Main Level Bathrooms 2 Main Level Bedrooms 1

Property Features

Above Grade Finished Area 1452 Association YN No Home Warranty YN No Land Lease YN No Listing Terms CashConventional Property Sub Type Single Family Residence Sewer Public Sewer Township Akron City Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Keller Williams Chervenic Rlty: (330) 686-1644.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX ONE are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-11-29T18:09:12.487.
 
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RE/MAX ONE
1131 Hill Road North
Pickerington OH, 43147
Listing courtesy of Keller Williams Chervenic Rlty.
Listing information © 2022 YES-MLS.