701 Blaine Ave

    Akron, OH 44310
    • $88,700
    • STATUS: Active
    • ON SITE: 69 days
    • MLS #: 4077303
    UPDATED: 62 min ago
    $88,700
    • 4
      BEDS
    • 0.1
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,664
      SQFT
    • $53
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Carriage Group Realty.
    Listing information © 2017 NEOHREX MLS.

    Description

    Outstanding return on 3 unit investment property in North Hill. Updates include the following: Newer flooring all 3 units, roof, front porch. Annual expenses: $1,065 taxes, $650 insurance, $750 electric, $912 gas, $2,635 water, sewer, trash (2 mo were high from repaired running toilet). Total annual expenses $6012. Monthly rental income: unit 1 $600, unit 2 $625, unit 3 $425. Total monthly income $1,650. Minus monthly expenses of $501 for a total net monthly income of $1,149.00. (approximately 15.5% net annual return). Expense report with ALL receipts available with accepted contract. Fully occupied, this is truly a "turn key" investment.

    Monthly Payment Calculator

    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Edge Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2019-05-23T19:07:17.597.
    www.akroncantonhomesonline.com/homes/92683669

    701 Blaine Ave Akron, OH 44310

    • Price: $88,700
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 4077303
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,664
    SQFT
    $53
    $/SQFT
    1912
    Built
    Neighborhood:
    Grether & Pfeiffers
    County:
    Summit
    Area:
    North Akron(West)
    School District:
    Akron CSD
    Property Description
    Outstanding return on 3 unit investment property in North Hill. Updates include the following: Newer flooring all 3 units, roof, front porch. Annual expenses: $1,065 taxes, $650 insurance, $750 electric, $912 gas, $2,635 water, sewer, trash (2 mo were high from repaired running toilet). Total annual expenses $6012. Monthly rental income: unit 1 $600, unit 2 $625, unit 3 $425. Total monthly income $1,650. Minus monthly expenses of $501 for a total net monthly income of $1,149.00. (approximately 15.5% net annual return). Expense report with ALL receipts available with accepted contract. Fully occupied, this is truly a "turn key" investment.
    Exterior Features

    Driveway Unpaved Exterior Other Roof Asphalt/Fiberglass

    Interior Features

    Basement Yes Cooling Type None Heating Fuel Gas Heating Type Forced Air Total Rooms 9

    Property Features

    Annual Taxes 1065 Assessments No Association Akron Cleveland Association Of Realtorsã‚® Auction No Available Financing CashConventional Gross Income 1625.00 Homestead Exemption No Multifamily Type Three Net Income 1124.00 Operational Expenses 501.00 Short Sale No Township Akron City Water Sewer Public WaterPublic Sewer Year Built Exception Unknown

    Listing information © 2019 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of Carriage Group Realty.
    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Edge Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2019-05-23T19:07:17.597.
     
    RE/MAX Edge Realty
    Serving Your Real Estate Needs In
    Akron / Canton OH,
    Listing courtesy of Carriage Group Realty.
    Listing information © 2017 NEOHREX MLS.