See all 15 photos
$123,333
Est. payment /mo
2 Beds
2 Baths
960 SqFt
New
2350 - 2352 Newton ST Akron, OH 44305
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Key Details
Property Type Single Family Home
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $128
Subdivision Roosevelt Heights
MLS Listing ID 5126071
Bedrooms 2
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 960
Total Fin. Sqft 960
Year Built 1958
Annual Tax Amount $1,776
Tax Year 2024
Lot Size 5,623 Sqft
Acres 0.1291
Property Sub-Type Duplex
Property Description
Akron multi-family investment opportunity in Ellet Schools (Betty Jane, Hyre, Ellet)! Total of 6 units located within 3 buildings- ALL 3 BUILDINGS MUST ALL BE PURCHASED TOGETHER AT A PRICE OF $370,000 - shown individually for illustration only. Each 2 unit sits on an individual parcel of land. Every unit is 1 bedroom and 1 bathroom with in-unit laundry. Vaulted ceilings in the living room and bedroom help the units feel more spacious. Windows on all buildings have been replaced approximately 6 years ago. All furnaces have been replaced approximately 6-8 years ago. New roof (2025) on 2358/2356, roof on 2350/2352 roughly 8 years old and roof on 2354/2356 roughly 10 years old. Akron water/sewer bill is paid by the owner (Approx. $270 per month) and all 6 units are currently on one meter. Dumpster is shared with the 4 unit apartment next door- owner currently pays $50 per month for their half of the dumpster expense. All units have a wall or window mounted AC unit provided by the landlord. All units have a range and refrigerator provided by the landlord. Good off street parking available. Units produce a gross rent of $3,665 monthly ($43,980 per year) - currently being rented below market rate with great opportunity for cash flow growth. Unit 2354 is larger than the other units- but still consists of 1 bedroom, 1 bathroom. Lawncare currently provided by tenant. No snow removal provided. All tenants are month to month.The addresses are 2350/2352 Newton, 2354/2356 Newton and 2358/2360 Newton.
Location
State OH
County Summit
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Laundry In Unit
Exterior
Parking Features Off Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Akron Csd - 7701
Others
Tax ID 6817611
Listed by Steven Mosholder • Mosholder Realty Inc. • 330-633-5536 info@mosholder.com