OH > Akron
Akron, OH 44314,868 Jason AVE
Akron, OH 44314,868 Jason AVE
Akron, OH 44314,868 Jason AVE
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$205,000
Est. payment /mo
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6 Beds
4 Baths
3,600 SqFt
Pending

868 Jason AVE Akron, OH 44314

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Town & Country

Town & Country

+1(740) 454-0500

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $56

MLS Listing ID 5115433

Bedrooms 6

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,600

Total Fin. Sqft 3600

Year Built 1925

Annual Tax Amount $3,132

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Quadruplex

Property Description

Fantastic investment opportunity in Akron! This all-brick residential income property features four units-two 2-bedroom and two 1-bedroom apartments-plus a large 4-car garage that is rented separately for additional income. Three of the four units, along with the garage, are currently occupied by long-term tenants, providing stable cash flow. The property brings in a gross monthly rent of $31,505 with annual expenses totaling just $10,002, which includes an established property management company already in place. At the current price, the property offers a strong 10.49% capitalization rate. Owner pays water, sewer, gas, and trash, while tenants pay their own electric, which is separately metered. Recent updates within the past 3-4 years include roofs, two furnaces, a hot water tank, and more. This is a solid, low-maintenance investment in a desirable rental area-perfect for expanding your portfolio or getting started in multifamily investing.

Location

State OH

County Summit

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Electricity, Garage, Unpaved

Garage Spaces 4.0

Garage Description 4.0

Water Access Desc Public

Roof Type Rubber

Garage true

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Akron Csd - 7701

Others

Tax ID 6804275

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Shannon Hornacek • Howard Hanna • shannonhornacek@howardhanna.com 330-858-8865

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agent

Town & Country

Real Estate Brokerage | License ID: 0000331236

+1(740) 454-0500

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868 Jason AVE