Listing Courtesy of: YES MLS / Coldwell Banker Schmidt Family Of Companies / Evan Fogarty - Contact: evan.fogarty@cbschmidtohio.com 978-979-4879
25-27 McNaughton Street Akron, OH 44305
Active (100 Days)
$219,000
Description
MLS #:
5042658
5042658
Taxes
$3,565(2023)
$3,565(2023)
Lot Size
5,001 SQFT
5,001 SQFT
Type
Multifamily
Multifamily
Year Built
1918
1918
School District
Akron Csd - 7701
Akron Csd - 7701
County
Summit County
Summit County
Community
Tallmadge 13
Tallmadge 13
Listed By
Evan Fogarty, Coldwell Banker Schmidt Family Of Companies, Contact: evan.fogarty@cbschmidtohio.com 978-979-4879
Source
YES MLS
Last checked Sep 8 2024 at 12:42 AM GMT+0000
YES MLS
Last checked Sep 8 2024 at 12:42 AM GMT+0000
Bathroom Details
- Full Bathrooms: 8
Subdivision
- Tallmadge 13
Heating and Cooling
- Gas
- Forced Air
Basement Information
- Full
Exterior Features
- Roof: Asphalt
- Roof: Fiberglass
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Parking
- Paved
- No Garage
Stories
- 3
Living Area
- 5,800 sqft
Additional Information: Westlake | evan.fogarty@cbschmidtohio.com 978-979-4879
Location
Disclaimer: Copyright 2024 YES MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/7/24 17:42
The rental history with the opportunity is value-add after investment. The property is close to the University of Akron and Akron City Hospital. This property features 8 UNITS that are currently cash-flowing below market rates. Highlights include plumbing that added 4 full baths, making it 10 BEDS / 8 BATHS.
This property features a dry basement and one vacant unit that is ready to turn and increase the rental rates. The property requires a water-meter upgrade to benefit the cash flow model. The units are NNN except water and sewer, which is on one meter for all units.
Most units are month-to-month. Contractor/investors are well suited to make this property cash flow at its highest.
Call for additional information. The property is currently managed by a company for the investor/owner.