Do not miss out on this great investment opportunity! This stabilized brick, 6- unit apartment complex is cash-flowing from day one. With the easy opportunity to implement a minor interior value ad strategy you have the ability to increase rents in half of the units to bring up your cash on cash return to over 17%! The property is currently 100% occupied and professionally managed! 1250-1260 Roslyn Ave. in Akron consists of three side by side duplexes, with each unit containing 2 beds and 1 bath! The roofs are all in good shape, as well as exterior brick, and gutters for all buildings. Half of the units have been updated with refinished beautiful hardwood floors, patch/paint, kitchen remodel, bathroom tile replaced, tub re-glazed and new furnace under 3 months old! All you have to do is come in and replicate these basic renovations and increase the value of this asset. Please reach out for expenses, rent roll and proforma. Two parcel's sold together Parcel#6725103 & 6725106.
Listing courtesy of Century 21 HomeStar.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2020 Northeast Ohio Real Estate Exchange (NEOHREX). All Rights Reserved.