$148,000
$149,700
1.1%For more information regarding the value of a property, please contact us for a free consultation.
137 Massillon RD Akron, OH 44312
6 Beds
4 Baths
2,744 SqFt
Key Details
Sold Price $148,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,744 sqft
Price per Sqft $53
Subdivision V A Spade Allotment 03
MLS Listing ID 4265190
Sold Date 05/14/21
Bedrooms 6
Full Baths 4
Construction Status Unknown
HOA Y/N No
Abv Grd Liv Area 2,294
Year Built 1931
Annual Tax Amount $3,401
Lot Size 5,401 Sqft
Acres 0.124
Property Sub-Type Quadruplex
Property Description
2 two bdrm units and 2 one bdrm units. The current owner's family has owned these units for 33+ years. They need some upgrading but are extremely solid overall. 4 separate gas meters, 3 separate electric meters.
Owner paid Utilities: water and sewer, trash (see averages below).
Resident paid utilities: electric, gas, cable / internet. (1 bdrm. Units share an electric meter see below).
Rental Income – As of March 2021:
Unit 1: 2 bdrm. $625 (market rent is $675-$695).
Unit 2: 2 bdrm. $525 (market rent $575-$650).
Unit 3: Efficiency. $325 (market rent is $375-$400).
Unit 4: 1 bdrm. $500.00 (market rent $550-$595).
$1,975 Total current rent 4 units (market value rents could be $2,175-$2,340).
**several current residents are family members of owner, rents could be higher.
Expenses:
$ 145.66 Average monthly expense of last 3 city of Akron W
Location
State OH
County Summit
Direction West
Rooms
Basement Full
Interior
Heating Forced Air, Fireplace(s), Gas
Cooling None
Fireplace Yes
Appliance Range, Refrigerator
Laundry In Unit
Exterior
Parking Features Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Faces West
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Unknown
Schools
School District Akron Csd - 7701
Others
Tax ID 6845729
Financing Conventional
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Realtor® Associate | License ID: FL-3478941 OH-417005
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