386-390 Wildwood Avenue #390Akron, OH 44320
Calling all investors! Check out this remarkable investment opportunity in Akron, Ohio! This modern and strategically located 7-bedroom, 7-bathroom property was constructed in 2020, ensuring that everything inside is brand new and up to date. If you are an investor seeking a high-income generating asset with a robust return on investment (ROI) of approximately 10% this is the property for you. You will be shocked by the low expenses to maintain this property. Not only are the utility bills low (approx $200/month for water, sewer, electric, gas) but this property is also in a tax abatement zone - that's right, no annual property tax until 2034! (only tax on the lot). Each bedroom/unit has it's own full bathroom and lots of space. No basement for easy maintenance. Don't miss your chance on this rare find and lucrative investment in a prime location! *please note that each unit is a one bedroom one bath and they share the kitchen and laundry area. Each unit has the same front door access. There are 7 units.
- Property TypeMulti-Family
- NeighborhoodGreater Pfeiffer
- CountySummit
- Taxes$500
- HOA/Condo/Coop Fees$0
- Days on Site77 Days
- MLS StatusActive
- MLS ID Number5028150
- Home Size Source N/A
- Year Built2020
- Lot Size0.1424 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking No GarageUnpaved
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.1424
- Water Public
- Property Sub Type Quadruplex
- Attached Garage No
- Foundation Slab
Interior Features
- Cooling Central Air
- Heating Forced AirGas
Exterior Features
- Roof AsphaltFiberglass
- Waterfront Property No
Community Features
- Township Akron