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USAOHAkronBurco1326 Pontiac Ave
1326 Pontiac | Image 1
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$1,600,000

1326 Pontiac Ave, Akron, OH

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size  sqft
Garage No
Maintenance Fees 
Taxes $1,231
Days Active 1
Approx. Age 1957
MLS® Number 5154951

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special!! This 12 Single Family Portfolio offers investors a stabilized, cash flowing opportunity to acquire 12 single-family homes located throughout Akron. Each property has been well maintained and professionally managed, providing immediate rental income and long-term upside potential. Investment Summary Portfolio Size: 12 Single-Family Homes, Occupancy rate 87%, Monthly Gross Rent $13, 302, Annual Net Operating Income (NOI) $120, 000, Cap Rate: 7.5%, Section 8 approved for consistent, reliable income. This portfolio has performed as a strong cash-flow asset for many years, with consistent occupancy and proven rental demand in the Akron market. With all homes Section 8 approved and rent-ready, investors can step into an established, income-producing portfolio with minimal disruption. The following addresses are in the portfolio. 618 Sanford Ave Akron, OH 44305 Parcel # 6806648 1257 Greenwood Ave Akron, OH 44320 Parcel # 6720710 1145 Brown St Akron, OH 44301 Parcel # 6709487 785 Bellevue Ave Akron, OH 44307 Parcel # 6803711 1198 Easton Dr Akron, OH 44310 Parcel # 6832808 549 Garry Rd Akron, OH 44305 Parcel # 6801556 1123 Coventry St Akron, OH 44306 Parcel # 6746729 1326 Pontiac St Akron, OH 44307 Parcel # 6807318 723 Virginia Ave Akron, OH 44306 Parcel # 6807563 2541 Edgebrook Ave Akron, OH 44312 Parcel # 6707133 1951 Faye Rd Akron, OH 44306 Parcel # 6858894 1084 Yukon Ave Akron, OH 44320 Parcel # 6704473Show Description
MLS® Number5154951
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1957
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/C
Heating Fuel

Extras

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