This Multifamily Property is Off-Market.

1466 Chippewa Ave
Akron, OH 44305 ·

7 Units · Multifamily For Sale

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REDUCED ** 7-units ** Goodyear Heights

Price N/A Cap Rate 12%
No. Units 7 Gross Rent Multiplier 4.52
Building Size 15,300 SF Occupancy 100%
Property Type Multifamily Year Built 1918
Property Sub-type Garden/Low-Rise Lot Size 0.35 AC
Property Use Type Investment
Listing ID: 13603286 Date Created: 12/17/2002 Last Updated: 03/04/2008

Description

Another property with a steady income flow as rents range from $300 to $515 per month. Gross Income of $32,000. New Windows Throughout. Tenants pay Heat (Electric).

Located in Goodyear Heights. Heading East on I-76, take Brittain Rd. North, head West on Chippewa Ave, the building is located on the South side of the road.

Highlights

  • Confidential Listing...Please do not disturb tenants
  • Can also purchase 9-Unit Bldg across street for $155,000
  • Real Estate Taxes are approx. $3,200 per year

Research

1466 Chippewa Ave, Akron, OH 44305 (Summit County)

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