SOLD
$171,500
Date 05/02/2023

2365 Nicholas Avenue
Akron, OH 44305

Single Family, Duplex
Residence
4
Beds
2
Baths
1,560
Sqft
0.2293
Lot Size
Courtesy: Mosholder Realty Inc.
Fantastic opportunity to buy a Fully Rented, Low Expense, Ranch 2 unit with all the updates already done! Each unit features an Updated Kitchen and Bathroom, a Laundry Area, Nice Living Room and 2 Bedrooms. The Exterior offers a Newer Roof and Siding along with an Off Street Paved Parking area for the tenants cars. Easy to maintain landscaping helps keep exterior expenses low as well. Both sides had new Electrical Panels Installed in 2023. Gross Annual Rent $18,000, Expenses $5273, Net Annual Income $12,727. Full Financials Available. CAP Rate over 7%. Out of courtesy to the current tenants we will have both units open to view only on Tuesday March 14th from 2 - 4pm. Also, pictures shown are from Unit 2367 before move in Nov 2021 - Unit 2365 was updated as well is in 2022. Both units still in Excellent Condition. Listing Agent is owner of the property.
4442853
Single Family, Duplex, 1 Story
4
Summit
2 Full
1962
0.2293 Acres
Public
1
Vinyl siding
Public Sewer
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Walk Score

Transit Score

Courtesy: Mosholder Realty Inc.
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