50
See all 50 photos
$625,000
Est. payment /mo
10,715 Sqft Lot
Active
628, 634 & 636 Sumner ST #6 units Akron, OH 44311
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UPDATED:
12/11/2024 11:08 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Voris
MLS Listing ID 5089431
HOA Y/N No
Year Built 1889
Annual Tax Amount $8,428
Tax Year 2023
Lot Size 10,715 Sqft
Acres 0.246
Property Description
628, 634 & 636 Sumner St, Akron, OH 44311 is located in the heart of downtown Akron. This multi-family property offers an exceptional investment opportunity. With a total of six units comprising 5,328 sq. ft. of finished residential space, the property includes two 2-bedroom units, three 3-bedroom units, and one 4-bedroom unit. The 3 duplexes comprise the 6 units and sit on 2 adjoining lots with a frontage of 102 feet on Sumner as well as the side has additional frontage on Thornton St with a depth of 95 feet, which affords the opportunity to provide several additional parking options with common area parking and off-street availability as well as several ins & outs to accommodate proper off street parking for all of the residents.
The property is well-maintained and features forced air gas heating, central air cooling, and public water and sewer services. It also includes an unfinished basement and an asphalt/fiberglass roof. Monthly rent is $5,650 and Annual gross rent is $67,800 with Landlord amount this year due to updating & installing new flooring, painting and showing, and marketing the property at $52,976, with total expenses this year to update and all expenses at $22,291, including management, maintenance, utilities, trash, and lawn/snow care, and upgrading the units. The property’s proximity to downtown and its location offer renters easy access to shopping, amenities, and public transportation, Akron University, easy access to Rt 8 and I-76 make the property highly desirable for urban living.
This property is ideal for investors seeking reliable cash flow and potential growth. For more information or to schedule a private showing, please contact your favorite Real Estate Agent. Don’t miss this chance to own a prime income-generating property in Akron!
The property is well-maintained and features forced air gas heating, central air cooling, and public water and sewer services. It also includes an unfinished basement and an asphalt/fiberglass roof. Monthly rent is $5,650 and Annual gross rent is $67,800 with Landlord amount this year due to updating & installing new flooring, painting and showing, and marketing the property at $52,976, with total expenses this year to update and all expenses at $22,291, including management, maintenance, utilities, trash, and lawn/snow care, and upgrading the units. The property’s proximity to downtown and its location offer renters easy access to shopping, amenities, and public transportation, Akron University, easy access to Rt 8 and I-76 make the property highly desirable for urban living.
This property is ideal for investors seeking reliable cash flow and potential growth. For more information or to schedule a private showing, please contact your favorite Real Estate Agent. Don’t miss this chance to own a prime income-generating property in Akron!
Location
State OH
County Summit
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Additional Parking, Common, Off Street
Fence None
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Multi-Family
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6746647
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Lesa Lillibridge • Keller Williams Chervenic Rlty • lesalillibridge@gmail.com 330-620-5372