Akron, OH 44311,871 Brown ST
Akron, OH 44311,871 Brown ST
Akron, OH 44311,871 Brown ST
21
$130,000
$180,000
27.8%
Est.Price: ?

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7,759 SqFt

871 Brown ST Akron, OH 44311

Est. payment /mo
SOLD DATE : 12/30/2021

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Key Details

Sold Price $130,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 7,759 sqft

Price per Sqft $16

Subdivision William T & Bessie Voris Sawye

MLS Listing ID 4312223

Year Built 1926

Annual Tax Amount $3,111

Lot Size 4,800 Sqft

Property Description

Solid investment opportunity! This property consists of two retail addresses (871 and 873 Brown St), 2 apartments on the second floor (869 Brown apt 1 & 2), and the detached single family home behind it (538 Baird St). All five units have been completely remodeled and are fully rented. New flooring, paint, 3 new furnaces, 1 new HWT, all new bathrooms, rebuilt fire escape, and 538 Baird has new kitchen and deck. Gross income is $3,700/month and owner pays water/trash/sewer (approx $150-200/month). Self-managed it offers an 18+% cap rate. All tenants would like to stay and have 6+ month leases. Available as a package with MLS#4312326.

Location

State OH

County Summit

Interior

Heating Forced Air, Gas

Cooling Wall Unit(s)

Exterior

Garage Paved, On Street

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Akron Csd - 7701

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Listed by Michael Love • EXP Realty, LLC.
Bought with Lesa Lillibridge • Keller Williams Chervenic Rlty

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William Mehl

License ID: C2012002205

+1(412) 877-9945

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