Property Description
Calling all investors! This cash-flowing triplex is a great opportunity to combine current income with serious value-add upside. The vacant first-floor unit offers 2 spacious bedrooms and 1 bath, projected at $800 to $900/month after updates. The middle unit, also a spacious 2 bedroom, 1 bath, is currently rented at $800/month on a month-to-month lease. The vacant third-floor unit is a 1 bedroom, 1 bath, projected at $650 to $700/month after updates. Both vacant units need some work, which is reflected in the price, making this the perfect setup for an investor looking to force appreciation. Once stabilized, projected gross rents come in at $2,250 to $2,400/month. Additional features include a 1-car garage, two newer hot water tanks, and two newer furnaces. Bring your vision and start building equity from day one!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Exterior Entry, Full, Unfinished
Cooling: Window Unit(s)
Days on Market: 26
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $3,099 / year
Year Built: 1916
Feature Descriptions
Exterior: Unknown
Parcel#: 6756422
Parking: Alley Access, Driveway, Garage, On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Akron City
845 Dayton Street | MLS# 5237294
This multi-family property located at 845 Dayton Street, Akron, OH 44310 is currently listed for sale with an asking price of $125,000. Dayton Street is located within the Akron City school district. Search Akron real estate on www.kaszycarealestate.com today.