167 Chittenden Street
Akron, OH 44306
$325,000
Listing Details
- $325,000
- MLS# 5239798
- Type Commercial - Business
- Status Active
Home Value Estimate
Description
Eight-unit brick walk-up in East Akron at $325,000, or $40,625 per door. Three of the eight units are vacant and under a new owner's control from day one, including both 900 square foot two bedrooms, already on market at $850 and $825. The mix runs six one bedrooms and two two bedrooms across roughly 5,875 rentable square feet. Occupied units average $655 in place against a $720 pro forma, which sits under the published Akron one bedroom average of $863, so the underwriting asks the market for less than the market already pays. Tenancy averages 3.2 years. Red brick with a mansard roof and a covered front porch on brick columns. Several units...read more
Features
- None
- Baseboard, Electric, Hot Water, Steam
- 3.0 Stories
- $6,017 / year Taxes
- Public
- Built in 1913
Gallery
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Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact
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The photos may be altered, edited, enhanced or virtually staged.
Privacy Policy / DMCA Notice / ADA Accessibility
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