JessicaBramer-Isakov
MLS#5139134
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLAkron City
Property Description
This fully rented, turnkey 7-unit property presents a strong investment opportunity with immediate upside potential. Recently renovated, the building consists of 4 studio apartments and 3 two-bedroom units, all fully leased. Current rents are below market, offering room for value-add increases?studio units can be raised to approximately $700 per month, and two-bedroom units to around $850 per month, significantly boosting cash flow. The property is designed with ease of management in mind, featuring a tall crawl space that simplifies maintenance and repairs. Additional income is generated through on-site laundry facilities, and the parking lot provides 7+ spaces, adding convenience and tenant appeal. This is a low-maintenance, income-producing asset in strong rental condition with immediate potential to increase revenue. No showings without a written offer.
Property Features
Property Type: Commercial - Business
Basement: Crawl Space, None
Cooling: Geothermal, Humidity Control, Wall Unit(s)
Heating: Forced Air
Lot Size: 0.25 Acres
Roof Type: Asphalt
Taxes: $6,688 / year
Year Built: 1964
Feature Descriptions
Days on Site: 362
Fencing: Fenced, Full
Laundry: Coin-operated
Parcel#: 6849713
Parking: Gravel, Off Street, Parking Lot
Sewer: Public Sewer
Units: 7
Water: Public
Local Schools
School District: Akron City
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: sylvia@incteamrealestate.com, 216-316-1893
Shown By
Agent Name: Jessica Bramer-Isakov
Agent Phone: (330) 612-6240
Agency Title: Key Realty
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598 | Illinois LIC# 481014661 640 S Washington St. Suite 212, Naperville, IL 60540
Agent License Information: Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617
1330 W Waterloo Road | MLS# 5139134
This commercial property located at 1330 W Waterloo Road, Akron, OH 44314 is currently listed for sale with an asking price of $450,000. W Waterloo Road is located within the Akron City school district. Search Akron real estate on jessicabramer.ikeyrealty.com today.