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33458465
33458477

53-57 East Exchange Street, Akron, OH 44308

AM
OH OH 2019006637
eXp Realty
Listed by eXp Realty
$450,000
3 days on market
Updated 3 days ago
Opportunity zone

53-57 East Exchange Street

Details
Property Type Retail, Mixed Use
Sub Type Storefront, Multi family
Square Footage 12,144
Tenancy Multi
Lease Type Gross
Class C
Year Built 1915
Year Renovated 2022
Buildings 1
Acreage 0.110
Zoning Commercial
Ground Lease No

Multi-Family & Storefront in One Building!! - 12,144 sq ft

Marketing description

Prime Investment Opportunity – Mixed-Use Commercial Property with Strong Upside Potential! Don’t miss this exceptional mixed-use building featuring 7 residential row apartments (6 occupied and 1 vacant) and 3 commercial storefront units (2 Vacant/1 occupied, offering immediate income with significant value-add opportunity. Seller is currently collecting $3180/mo in rent monthly! This well-positioned property provides a versatile investment opportunity for both seasoned investors and those looking to expand their portfolio. The residential component includes 5 currently rented apartments, generating steady cash flow, with 1 vacant unit ready for lease or owner occupancy. The remaining apartment offers additional flexibility depending on your strategy. The commercial portion consists of 3 storefront units, with 1 currently occupied and 2 vacant spaces, presenting an excellent opportunity to increase rental income and boost overall returns. With multiple income streams and vacancy upside, this property is ideal for investors seeking to stabilize and maximize value through strategic leasing. The mix of residential and commercial tenants provides built-in diversification and long-term growth potential. Whether you’re looking to expand your portfolio, reposition an asset, or secure a multi-unit property with income already in place, this mixed-use building delivers opportunity and flexibility. Schedule your private showing today and explore the possibilities this investment property has to offer!

Investment highlights

Prime Investment Opportunity – Mixed-Use Commercial Property with Strong Upside Potential! Don’t miss this exceptional mixed-use building featuring 7 residential row apartments (6 occupied and 1 vacant) and 3 commercial storefront units (2 Vacant/1 occupied, offering immediate income with significant value-add opportunity. Seller is currently collecting $3180/mo in rent monthly!

Listing Contacts

AM
OH OH 2019006637
eXp Realty
Listed by eXp Realty

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Additional Information

Name
Amanda Mercier
License
OH 2019006637
Brokerage
eXp Realty, LLC
Brokerage Address
159 Crocker Park Blvd #400
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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