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Listed price in listed location currency (USD).
$450,000

000

MLS® 5189854

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $4,510
Days Active 0
Approx. Age 1915
MLS® Number 5189854

Property Address: 53-57 E Exchange St, Akron, OH, 44308-1534

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number5189854
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1915
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 5, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
53-57 E Exchange St, Akron, OH

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