642 E Wilbeth Road, Akron, OH 44306

$210,450
6
BD
4
BA
3,248
SqFt

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Sold Price
$210,450
List Price
$214,900
Status
CLOSED
Stories
3
MLS#
5059240
Year Built
1930
Closing Date
Dec 18, 2024
Bedrooms
6
Bathrooms
4
Living Area
3,248
Region
Akron
Township
Akron
Subdivision / Building
Wilbeth Road Allotment

Property Description

Great Investment Opportunity: Well-maintained 4-unit Brick apartment building with a solid rental history and full occupancy. This property generates $2,850 in gross monthly income, with long-term tenants on month-to-month leases and one newer tenant secured through 5/31/25. The roof is approximately 12 years old with a single layer, and the boiler was replaced in 2007, reducing potential maintenance costs. Each unit comes equipped with seller-owned refrigerators, stoves, and window air conditioners. Tenants enjoy the convenience of a covered 4-car carport and additional parking off the circular driveway. Located close to public transportation and freeway access, this property offers strong rental appeal. Owner covers all utilities, lawn care, and common area maintenance, with expenses averaging $800 per month.

Additional Information

Taxes
$3,672
Acres
0.25
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Gas, Hot Water, Steam
Cooling
Window Unit(s)
School District
Akron CSD - 7701

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Listing Courtesy of: Darlene Hall, darlenehall@kw.com With Keller Williams Chervenic Rlty

Selling Office: RE/MAX Above & Beyond.

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