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398 Margaret Street

Akron, OH 44306
  • $106,900
  • STATUS: Active Under Contract
  • ON SITE: 48 Days
  • MLS #: 5166671
Under Contract
UPDATED: 44 min ago
$106,900
  • 3
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,820
    SQFT
  • $59
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1914
County:
Area:

School Ratings & Info

School District:

Description

A bit of a gem here... NO CAPEX needed, a duplex in really good condition. Roof, flooring, kitchens, baths are all set. See attached ProForma APOD valuation delivering 8.7% CAP Rate with average rent of $725/mo per unit. Solid property offers newer roof, aluminum siding - gutters - soffit/fascia in good condition, covered front porch leads to both units: down unit is living room (LVT), dining room (LVT, window seat and drawers), bedroom (carpet), bonus/office room (carpet), generous kitchen (LVT, no appliances, gas for stove) and updated bath (LVT). Upstairs provides eat-in kitchen (LVT, fridge, gas stove), 2 bedrooms, (LVT), updated bath (LVT) and 3rd floor has two additional rooms (carpet, baseboard heat). New carpet on stairs. Basement offers normal height, bonus storage room, vented glass block windows, Updated main panel. Blacktop drive and one car garage. Add this one to your portfolio while it lasts!

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www.clevelandhomefinder.com/homes/169234457
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398 Margaret Street Akron, OH 44306

  • Price: $106,900
  • Status: Active Under Contract
  • On Site: 48 Days
  • Updated: 44 min ago
  • MLS #: 5166671
3
Beds
2
Baths
0
½ Baths
0.11
Acres
1,820
SQFT
$59
$/SQFT
1914
Built
Neighborhood:
Overlook
County:
Summit
Area:
Akron
School District:
Akron Csd - 7701
Property Description
A bit of a gem here... NO CAPEX needed, a duplex in really good condition. Roof, flooring, kitchens, baths are all set. See attached ProForma APOD valuation delivering 8.7% CAP Rate with average rent of $725/mo per unit. Solid property offers newer roof, aluminum siding - gutters - soffit/fascia in good condition, covered front porch leads to both units: down unit is living room (LVT), dining room (LVT, window seat and drawers), bedroom (carpet), bonus/office room (carpet), generous kitchen (LVT, no appliances, gas for stove) and updated bath (LVT). Upstairs provides eat-in kitchen (LVT, fridge, gas stove), 2 bedrooms, (LVT), updated bath (LVT) and 3rd floor has two additional rooms (carpet, baseboard heat). New carpet on stairs. Basement offers normal height, bonus storage room, vented glass block windows, Updated main panel. Blacktop drive and one car garage. Add this one to your portfolio while it lasts!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Aluminum Siding Garage YN Yes Levels Three Or More Parking Features Driveway Detached Garage Roof Asphalt Fiberglass Waterfront YN No

Interior Features

Appliances Range Refrigerator Basement Full Concrete Basement YN Yes Cooling None Cooling YN No Heating Electric Forced Air Gas Heating YN Yes Laundry Features In Basement Main Level Bathrooms 0

Property Features

Above Grade Finished Area 1820 Home Warranty YN No Listing Terms Cash Conventional FHA VA Loan Owner Pays Electricity Gas Sewer Trash Collection Water Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 1354 Township Akron Water Source Public

 
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8396 Mentor Ave.
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