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2365 Nicholas AVE Akron, OH 44305
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Key Details
Sold Price $171,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $109
Subdivision Roosevelt Heights
MLS Listing ID 4442853
Sold Date 05/02/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,560
Year Built 1962
Annual Tax Amount $1,944
Lot Size 9,988 Sqft
Acres 0.2293
Property Sub-Type Duplex
Property Description
Fantastic opportunity to buy a Fully Rented, Low Expense, Ranch 2 unit with all the updates already done! Each unit features an Updated Kitchen and Bathroom, a Laundry Area, Nice Living Room and 2 Bedrooms. The Exterior offers a Newer Roof and Siding along with an Off Street Paved Parking area for the tenants cars. Easy to maintain landscaping helps keep exterior expenses low as well. Both sides had new Electrical Panels Installed in 2023. Gross Annual Rent $18,000, Expenses $5273, Net Annual Income $12,727. Full Financials Available. CAP Rate over 7%. Out of courtesy to the current tenants we will have both units open to view only on Tuesday March 14th from 2 - 4pm. Also, pictures shown are from Unit 2367 before move in Nov 2021 - Unit 2365 was updated as well is in 2022. Both units still in Excellent Condition. Listing Agent is owner of the property.
Location
State OH
County Summit
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry In Unit
Exterior
Parking Features Paved, Parking Lot
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Akron Csd - 7701
Others
Tax ID 6829804
Financing Conventional
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Bought with Terry L Aikens • Keller Williams Chervenic Rlty
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