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Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,959 sqft
Price per Sqft $84
Subdivision Hogue
MLS Listing ID 5061951
Sold Date 11/08/24
Bedrooms 12
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,959
Year Built 1926
Annual Tax Amount $3,544
Tax Year 2023
Lot Size 4,521 Sqft
Acres 0.1038
Property Description
Attention savvy investors! This North Hill quadplex offers a solid opportunity with a cap rate of 10.1% and the potential to generate $60,000 annually in rent. Each of the four renovated units features 3 bedrooms with new carpet, a remodeled bath, a modern kitchen, and a comfortable living room. All units are separately metered with brand new individual A/C units. Located in a prime area with easy highway access, public transportation, and essential amenities, this property is poised for strong returns. Three units remain available, allowing you to select your tenants and set your lease terms. Schedule a showing today!
Location
State OH
County Summit
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Laundry In Basement
Exterior
Garage Driveway, On Street
Fence Chain Link, Partial
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6808895
Financing Other
Special Listing Condition Standard
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Bought with Matthew Bednarik • RE/MAX Above & Beyond