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330-537-6476
Real Estate Company
774 Copley Road, Akron, OH 44320
- $180,000
- 5
- BD
- 3
- BA
- 2,880
- SqFt
- List Price
- $180,000
- Status
- ACTIVE
- Stories
- 3
- MLS#
- 5249151
- Year Built
- 1919
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,880
- Region
- Akron
- Township
- Akron
Property Description
Excellent opportunity to add a well-maintained triplex to your investment portfolio. 774 Copley Rd features three occupied units with current monthly rents of $868, $899, and $520, generating $2,287 per month in gross rental income. The property underwent extensive renovations in 2020–2021, including a new roof, new siding, updated units, new furnaces, and new hot water tanks, helping minimize near-term capital expenditures for the next owner. The property consists of two larger units plus a third-floor one-bedroom apartment. Tenants are responsible for their own gas and electric, while the owner pays water, sewer, and trash. With strong existing income, significant recent improvements, and a $180,000 list price, this property offers an attractive opportunity for an investor looking for a stabilized multifamily asset with much of the major deferred maintenance already addressed. Do not disturb tenants. End Buyers Only
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Additional Information
- Taxes
- $2,114
- Acres
- 0.10
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Heating
- Baseboard, Electric, Forced Air, Gas
- Cooling
- None
- School District
- Akron CSD - 7701
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Listing Courtesy of: Michael L Magno, michael@themagnogroup.com With Keller Williams Living
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