1250-1260 Roslyn Ave, Akron, Ohio 44320

$250,000
List Price
$250,000
Status
ACTIVE
MLS#
4167332
Year Built
1963
Region
Southwest Akron

Property Description

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.

Additional Information

Taxes
$3,641
Roof
Asphalt/Fiberglass
Basement Description
Full
Heating
Forced Air

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 HomeStar.

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