1288 Pondview Avenue, Akron, OH 44305

$155,000
5
BD
3
BA
3,002
SqFt

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List Price
$155,000
Status
ACTIVE
Stories
3
MLS#
5222371
Year Built
1920
Bedrooms
5
Bathrooms
3
Living Area
3,002
Region
Akron
Township
Akron
Subdivision / Building
Blue Bond

Property Description

Attention investors! Don't miss this excellent opportunity to add a well-maintained, fully occupied triplex to your investment portfolio. Featuring quality long-term month-to-month tenants who would like to remain, property offers immediate cash flow from day one and is situated on a quiet, desirable street. Building consists of two spacious 2-bedroom units on the first and second floors, plus a comfortable 1-bedroom unit on the third floor. Each apartment offers bright, light-filled living spaces, functional floor plans, and has been well cared for, making it ideal for attracting and retaining quality tenants. Current monthly rents (non-Section 8) are: 1st Floor - $850, 2nd Floor - $795, and 3rd Floor - $675. Separate gas and electric utilities for each unit help minimize owner expenses, while the owner is responsible for water, sewer, and trash. Property also features updated electrical and solid mechanical systems, providing added peace of mind for the new owner. Turnkey income-producing property with stable occupancy and excellent long-term investment potential. Out of respect for the tenants, please do not disturb occupants. No interior showings will be permitted until an offer has been accepted. No wholesaler offers or owner financing will be considered. Fantastic opportunity to acquire a performing asset w/immediate rental income—add this one to your portfolio today!

Additional Information

Taxes
$2,506
Acres
0.11
Sewer
Public Sewer
Roof
Asphalt
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Akron CSD - 7701

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Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

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