1931 Preston Avenue Akron, OH 44305
Welcome to 1931-1933 Preston Ave, Akron, Ohio – your prime investment opportunity awaits! This renovated duplex is included in a 4 property – 8 unit package ONLY for $756, 000 bringing in $7, 000 total rent between all of the properties, all nestled together on a private street with their own parcel numbers, is the epitome of a cash cow property, boasting full occupancy and impressive rental income. Has potential to bring 16% cash on cash return. Each unit, featuring two bedrooms and one bath with an open concept layout, exudes modern charm with new kitchens and bathrooms. With tenants responsible for all utilities, enjoy a hassle-free investment experience. Central air in each unit ensures year-round comfort, while new decks offer outdoor relaxation. This property also includes an attached parking lot for convenience. These properties are well managed and has no deferred maintenance with a reliable maintenance personnel. This package provides a lucrative investment portfolio opportunity. Don't miss out – seize this chance to elevate your investment portfolio today! Do not disturb tenants.(4 Building package includes: 1919/1921 Preston Ave., 1925/1927 Preston Ave., 1931-1935 Preston Ave. & 1937/1939 Preston Ave.)
- Property TypeMulti-Family
- NeighborhoodBritt Heights
- CountySummit
- Taxes$1,933
- HOA/Condo/Coop Fees$0
- Days on Site49 Days
- MLS StatusPending
- MLS ID Number5034087
- Home Size Source N/A
- Year Built1963
- Lot Size0.1212 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Construction Aluminum SidingBrick
- Parking Parking Lot
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.1212
- Water Public
- Property Sub Type Duplex
- Attached Garage No
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Forced AirGas
Exterior Features
- Roof AsphaltFiberglass
- Waterfront Property No
Community Features
- Township Akron