Remarks

This is a turn-key investment opportunity ready to perform. The building was vacated for the in depth renovations in plumbing, window replacements, new baths and kitchens as well as painting and flooring throughout each unit. Deferred exterior maintenance was tended to and it's been brought back to life. Professional property management in place, it's being marketed for its new residents at $850+electric per unit per month. Of the recent applicants, one is a subsidized voucher-holder, and the Housing Authority validated the rent rate. The current property managers are happy to continue service as they work to get the building fully occupied, or it can be transferred with the sale.

Details

MLS#: 5042828
Price: $498,000

Style: CommercialSale
Baths Half: 0
Sq Ft: 0
Year Built: 1908

County: Summit
Subdivision: Barberton
Tax Fee: 2267