Listed by Home Equity Realty Group
$374,880
Brick Quadruplex
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,860
Units 4
Occupancy 75%
Price per SqFt $77
Year Built 1927
Buildings 1
Stories 2
Acreage 0.130
Multifamily | 4 Units | $93,720/unit
Marketing description
Well-maintained all-brick quadruplex in Akron, Ohio featuring a strong unit mix of three 2-bedroom units and one 1-bedroom unit. Two 2-bed units are rented at $900 / month, the 1-bed rents for $875 / month (month-to-month), and one 2-bed unit is currently vacant and being marketed for rent - offering immediate upside potential. Property includes numerous capital improvements and separate gas and electric meters (tenants pay), with owner responsible for water, sewer, trash and common electric. Solid cash-flowing asset with flexibility for rent growth and lease stabilization.
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Listed by Home Equity Realty Group
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