$1,515,000
Active
17 Days Online
0 Beds0 Baths0 SQFT
Active

873 Jason Avenue Akron, OH 44314

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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 Site17 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

Schools

School District
Akron CSD - 7701
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$8,088
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