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Key Details
Sold Price $102,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,918 sqft
Price per Sqft $53
Subdivision Sumner
MLS Listing ID 4390535
Sold Date 08/31/22
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,918
Year Built 1919
Annual Tax Amount $909
Lot Size 3,253 Sqft
Acres 0.0747
Property Description
Introducing this great cash-flowing, top/bottom renovated duplex! The top unit pays $750/month plus $160 utility fee, moved in 4/30/22, was completely renovated in April 2022, the lease expires 4/30/23 and it is a 3-bed/1-bath unit. The bottom unit pays $630/month plus $110 utility fee, is a long-term tenant who has lived there even before the current seller purchased the property in 2015, the bathroom was renovated in October 2021 and their lease expires 10/31/22 (1-bed, 1-bath). The duplex brings in $1,650/month of total gross revenue with a proforma of at least $1,820 and the tenants take care of the lawn/snow themselves! It is a solid, renovated property that gets great cashflow!!
Location
State OH
County Summit
Interior
Heating Forced Air, Gas
Cooling Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Parking Features Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Entry Level Two
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6748671
Financing Other,Trade
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Bought with Jennifer A Abdoo • Coldwell Banker Schmidt Realty