Retail Turnkey

6 Plex Apt Below Market Value, with Vaulted Ceilings & Garages!

1939 Preston Ave, Akron, OH 44305

$300,000 After Repair Value -
$249,000 Asking Price -
$0 Cost of Repairs =
$51,000 Potential Profit

Property Details

Asking Price $249,000

After Repair Value $300,000

Costs of Repairs $0

Potential Profit $51,000

Living Area 4800 ft2

Property Type Multi-Family

Bedrooms 1

Bathrooms 6

Half Bathrooms 4

Parking 6

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $30,720

Yearly Expenses $11,000

Property Taxes $4,000

Net Operating Income $17,300

Cap Rate N/A

Property Description

4 Units are 3 Brm [Rare], 1.5 Ba with Vaulted Ceilings & Balconies/Porches; 2 Units are Large 1 Brms/1 Ba ; ALL Units have FURNISHED Appliances: Stove, Refrigerator, Washer & Dryers; ALL units have a Garage too!
This is a Rare Value-Add Opportunity to grab a Great 6 Plex 45,000 Below market Value!

CONTACT LISTING OWNER

Josh Holliday

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