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$325,000
5239798 MLS
Eight-unit brick walk-up in East Akron at $325,000, or $40,625 per door. Three of the eight units are vacant and under a new owner's control from day one, including both 900 square foot two bedrooms, already on market at $850 and $825. The mix runs six one bedrooms and two two bedrooms across roughly 5,875 rentable square feet. Occupied units average $655 in place against a $720 pro forma, which sits under the published Akron one bedroom average of $863, so the underwriting asks the market for less than the market already pays. Tenancy averages 3.2 years. Red brick with a mansard roof and a covered front porch on brick columns. Several units already carry luxury vinyl plank flooring, fresh paint, and double-pane windows, and nothing needs a gut. Ownership carries water, sewer, trash, and common area electric, residents pay their own electric and heat, and there is off-street parking. Stabilized NOI runs just over $33,000 at a 10.2 percent cap, pro forma just over $36,000 at 11.2 percent. Two miles from the University of Akron and Goodyear's world headquarters. Full rent roll, trailing financials and lease detail are available in the Document Center. Reach out for the package and to get on the tour schedule.

167 Chittenden Street, Akron

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
$94,900
3 Beds ⋅ 1 Baths ⋅ 5162446 MLS
This absolutely charming bungalow is renovated and has a newer furnace and hot water tank. It's as cute as a button and just waiting for its new owners! This house boasts cheerfulness, from its siding and large covered front porch to the rooms that are flooded with natural light inside. Upon opening up the front door you will notice the freshly painted walls and floors throughout most of the home. The large living room flows seamlessly into the dining room with the full bathroom sitting at the back of the home. The eat in kitchen offers plenty of space for cooking and family dinners. Upstairs is a large primary bedroom and two additional bedrooms on the other side of the hall. They all offer ample closet space. The full basement provides fantastic storage space, and a laundry area that is complete with a washer and dryer. This would make a wonderful first home or addition to an investment portfolio.

166 Chittenden Street, Akron

Listing Courtesy of: Leda A Lambdin, ledasellshomes@gmail.com With RE/MAX Trends Realty

Selling Office: Coldwell Banker Schmidt Realty.

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