Lorre Wilson Associate Broker WV / also licensed in Ohio & Kentucky

53-57 E Exchange Street
Akron, OH 44308

$450,000

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Listing Details

  • $450,000
  • MLS# 5189854
  • Type Commercial - Business
  • Status Active
  • 0.105 acres
    Lot Size
  • 1915
    Year Built
  • Akron City
    Local Schools

Home Value Estimate


Description

Prime Investment Opportunity Mixed-Use Commercial Property with Strong Upside Potential! Don't miss this exceptional mixed-use building featuring 7 residential row apartments (6 occupied and 1 vacant) and 3 commercial storefront units (2 Vacant/1 occupied, offering immediate income with significant value-add opportunity. Seller is currently collecting $3180/mo in rent monthly! This well-positioned property provides a versatile investment opportunity for both seasoned investors and those looking to expand their portfolio. The residential component includes 5 currently rented apartments, generating steady cash flow, with 1 vacant unit ready...read more

Features

  • None, Wall/Window Unit(s)
  • Gas, Radiant
  • $4,510 / year Taxes
  • Public
  • Built in 1915

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