1925 Preston Avenue, Akron, OH 44305

$173,750
4
BD
2
BA
1,440
SqFt

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Sold Price
$173,750
List Price
$189,000
Status
CLOSED
Stories
2
MLS#
5034086
Year Built
1963
Closing Date
Jun 18, 2024
Bedrooms
4
Bathrooms
2
Living Area
1,440
Region
Akron
Township
Akron
Subdivision / Building
Britt Heights

Property Description

Welcome to 1925-1927 Preston Ave, Akron, Ohio – your prime investment opportunity awaits! This renovated duplex is included in a 4 property – 8 unit package ONLY for $756,000 bringing in $7,000 total rent between all of the properties, all nestled together on a private street with their own parcel numbers, is the epitome of a cash cow property, boasting full occupancy and impressive rental income. Has potential to bring 16% cash on cash return. Each unit, featuring two bedrooms and one bath with an open concept layout, exudes modern charm with new kitchens and bathrooms. With tenants responsible for all utilities, enjoy a hassle-free investment experience. Central air in each unit ensures year-round comfort, while new decks offer outdoor relaxation. This property also includes an attached parking lot for convenience. These properties are well managed and has no deferred maintenance with a reliable maintenance personnel. This package provides a lucrative investment portfolio opportunity. Don't miss out – seize this chance to elevate your investment portfolio today! Do not disturb tenants.(4 Building package includes: 1919/1921 Preston Ave., 1925/1927 Preston Ave., 1931-1935 Preston Ave. & 1937/1939 Preston Ave.)

Additional Information

Taxes
$1,921
Acres
0.11
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air, Gas
Cooling
Central Air
School District
Akron CSD - 7701

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Listing Courtesy of: Mark A Colucci, markcolucci@kw.com With Keller Williams Citywide

Selling Office: Keller Williams Citywide.

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