873 Jason Avenue Akron, OH 44314
Fantastic Investment Portfolio! 12 buildings with 25 rental units plus 2 vacant lots are available for bundle purchase. Vacancy averages 5-6%. Average gross income is $170-175, 000. Average yearly expenses are $75, 000; an established NOI of $100, 000! Mostly all long-term tenants. One owner started investing in this area in 1998 and over the years built up a great portfolio! The bundle consists of two 4 units (PPN 6800459), all 2 BD/1 BA, (PPN 6800449), all 2 BD/1 BA. One 3-unit and one 2-unit (PPN 6742141, PPN 6726936). The 3-unit is 1 BD/1 BA each. The 2-unit is 2 BD/1 BA each. There are four more 2-unit building: PPN 6742140 - 2 BD/1 BA each. PPN 6842468 - 1 BD/1 BA each. PPN 6762834 - 2 BD/1 BA each and PPN 6838852 - 2 BD/1.5 BA each. Four single-family homes (PPN 6801160) - 2 BD/1.5 BA, (PPN 6828011) - 2 BD/1 BA, (PPN 6819826) - 3 BD/1 BA and (PPN 6839061 - 4 BD/1 BA. All ranges and refrigerators convey. Single-family home tenants pay all utilities. 2-unit and 3 & 4 unit tenants pay all except water.
- Property TypeCondo
- NeighborhoodLakewood Heights
- CountySummit
- Taxes$18,379
- HOA/Condo/Coop Fees$0
- Days on Site25 Days
- MLS StatusActive
- MLS ID Number5038376
- Home Size Source N/A
- Year Built1960
- Lot Size1.82 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Additional ParkingDirect AccessDrivewayGarageGravelNo GarageOn SiteOff StreetPavedOn StreetVariesby Unit
- Sewer Public Sewer
- Basement Exterior EntryFullInterior Entry
- Acreage 1.82
- Water Public
- Zoning Residential
- Property Sub Type Apartment
- Attached Garage No
- Foundation Slab
Interior Features
- Cooling Central AirWall Units
- Heating BaseboardElectricForced AirGas
Exterior Features
- Roof AsphaltFiberglass
- Waterfront Property No
Community Features
- Township Akron