873 JASON AVE
AKRON, OH 44314
$1,515,000
N/A Beds
0 Baths
0 Sq Ft
Status Active
MLS# 5038376
Fantastic Investment Portfolio! 12 buildings with 25 rental units plus 2 vacant lots are available for bundle purchase. Vacancy averages 5-6%. Average gross income is $170-175,000. Average yearly expenses are $75,000; an established NOI of $100,000! Mostly all long-term tenants. One owner started investing in this area in 1998 and over the years built up a great portfolio! The bundle consists of two 4 units (PPN 6800459), all 2 BD/1 BA, (PPN 6800449), all 2 BD/1 BA. One 3-unit and one 2-unit (PPN 6742141, PPN 6726936). The 3-unit is 1 BD/1 BA each. The 2-unit is 2 BD/1 BA each. There are four more 2-unit building: PPN 6742140 - 2 BD/1 BA each. PPN 6842468 - 1 BD/1 BA each. PPN 6762834 - 2 BD/1 BA each and PPN 6838852 - 2 BD/1.5 BA each. Four single-family homes (PPN 6801160) - 2 BD/1.5 BA, (PPN 6828011) - 2 BD/1 BA, (PPN 6819826) - 3 BD/1 BA and (PPN 6839061 - 4 BD/1 BA. All ranges and refrigerators convey. Single-family home tenants pay all utilities. 2-unit and 3 & 4 unit tenants pay all except water.
Details for 873 JASON AVE
Built in 1960
$∞ / Sq Ft
Central Air,Wall Unit(s)
Baseboard, Electric, Forced Air, Gas
14 Days on website
1.82 acres lot