37
See all 37 photos
$450,000
Est. payment /mo
4,578 Sqft Lot
Active
53-57 E Exchange ST Akron, OH 44308
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision South Akron Allotment
MLS Listing ID 5189854
HOA Y/N No
Year Built 1915
Annual Tax Amount $4,510
Tax Year 2025
Lot Size 4,578 Sqft
Acres 0.1051
Property Sub-Type Other
Property Description
Prime Investment Opportunity – Mixed-Use Commercial Property with Strong Upside Potential! Don't miss this exceptional mixed-use building featuring 7 residential row apartments (6 occupied and 1 vacant) and 3 commercial storefront units (2 Vacant/1 occupied, offering immediate income with significant value-add opportunity. Seller is currently collecting $3180/mo in rent monthly! This well-positioned property provides a versatile investment opportunity for both seasoned investors and those looking to expand their portfolio. The residential component includes 5 currently rented apartments, generating steady cash flow, with 1 vacant unit ready for lease or owner occupancy. The remaining apartment offers additional flexibility depending on your strategy. The commercial portion consists of 3 storefront units, with 1 currently occupied and 2 vacant spaces, presenting an excellent opportunity to increase rental income and boost overall returns. With multiple income streams and vacancy upside, this property is ideal for investors seeking to stabilize and maximize value through strategic leasing. The mix of residential and commercial tenants provides built-in diversification and long-term growth potential. Whether you're looking to expand your portfolio, reposition an asset, or secure a multi-unit property with income already in place, this mixed-use building delivers opportunity and flexibility. Schedule your private showing today and explore the possibilities this investment property has to offer!
Location
State OH
County Summit
Rooms
Basement Full, Unfinished, Walk-Out Access
Interior
Heating Gas, Radiant
Cooling None, Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Fence None
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
Schools
School District Akron Csd - 7701
Others
Tax ID 6702029
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Amanda Mercier • EXP Realty, LLC. • amercier@amhghomes.com, 330-605-5143
GET MORE INFORMATION