137 3rd Street NW, Barberton, OH 44203

$240,000
7
BD
5
BA
3,509
SqFt

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Sold Price
$240,000
List Price
$239,900
Status
CLOSED
Days on Market
27
Closing Date
Jul 25, 2024
MLS#
5050100
Subtype
Residential Income
Year Built
1913
Bedrooms
7
Bathrooms
5
Full Baths
4
Half Baths
1
Living Area
3,509
Acres
0.14
MLS Area Major
Barberton

Property Description

Welcome to a fantastic investment opportunity with this 4-unit quadruplex multi-family income property, perfectly positioned with picturesque views of Lake Anna. Spanning 3,509 square feet, this well-maintained stone structure offers excellent rental potential and many updates throughout, making it a great addition to any investor's portfolio. Unit 1, located on the ground floor, features 3 bedrooms, 1.5 baths, and a convenient laundry room. Units 2 and 3 are situated on the second floor, each offering 1 bedroom and 1 bath. Unit 4 occupies the third floor and can be configured with 2 or 3 bedrooms, including 1 bath. Each unit offers a stove, refrigerator and a window/wall A/C. The property includes a full basement with some newer glass block windows, all 27 windows on the 1st, 2nd, and 3rd floors were replaced 3 years ago, and the roof is approximately 10 years old. Additional updates include upgraded electrical and plumbing throughout, a hot water tank replaced 2 years ago, and a new copper waterline from the outside main into the house. Four parking spaces are available behind the house, with additional public parking across the street and in the city parking lot behind the house. This property not only boasts a prime location on Lake Anna but also benefits from modern updates and ample parking. With current rents likely below market value, this property offers significant potential for increased revenue. Whether you're looking to generate rental income or expand your real estate portfolio, this quadruplex offers a compelling investment opportunity. Don't miss out on this chance to own a piece of real estate in a stunning lakeside setting!

Additional Information

Interior Features
BuiltinFeatures, Ceiling Fan(s), Entrance Foyer, Storage
Taxes
$2,859
Appliances
Range, Refrigerator
Heating
Electric, Forced Air
Air Conditioning
Multi Units, Window Unit(s), Wall/Window Unit(s), Zoned
Stories
3
Levels
Three Or More
Roof
Shingle
Parking Features
Common, Concrete, On Site, Paved, Shared Driveway, On Street
School District
Barberton CSD - 7702
View
Lake, Neighborhood, Water

Listing Courtesy of: Amanda J Ondrey, amandaondrey@mcrealestateohio.com With M. C. Real Estate

Selling Office: RE/MAX Diversity Real Estate Group LLC.

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