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$1,200,000 USD
2547 Manchester Rd.
Akron, Ohio 44319
USA
Akron, Ohio 44319
USA
Commercial for Sale, Multi-Family Home
Sale price per sqm: 0
Remarks:
18 units, all 1 bedroom, 1 bath. Ample on-site parking. No interior common areas or halls, all entrances are garden entrances. Renovated throughout and market ready. Over $80,000 in capital improvements in the last 18 months. Area market rents are $795-825 + electric. Owner pays water/sewer/trash and gas to heat (boiler) and HWT. Ideal location close to many amenities, highway access and near the bus route. This is a turn-key well-performing investment opportunity with more room for improvement. Purchased in disrepair and stabilized in condition and tenancy, it will cashflow for you from day-1. Professional property management in place with few vacancies being marketed to new residents at $795+electric per unit per month. This is an ideal location for additional subsidized rents through AMHA and the HUD/VASH programs. The property’s zip code qualifies it for higher rent rates, being in a zone for opportunity for AMHA. The location of this building is ideal as it is close to highways, central akron, and many manufacturing facilities, as well as the popular Portage Lakes. The current property managers are happy to continue service as they work to get the building fully occupied, or it can be transferred with the sale.
Features:
- Number of Levels: 3
- Utilities: City water, Public Sewer
Location:
2547 Manchester Rd., Akron, Ohio 44319, USA
Listed By CENTURY 21 Carolyn Riley Realty
The Commercial for Sale, Multi-Family Home located at 2547 Manchester Rd., Akron, Ohio 44319, USA is currently for sale. 2547 Manchester Rd., Akron, Ohio 44319, USA is listed for $1,200,000 USD. If the property located at 2547 Manchester Rd., Akron, Ohio 44319, USA isn't what you're looking for, search Ohio Real Estate to see other Commercial For Sale in Akron.