New Listing
Description
Excellent opportunity to add a well-maintained triplex to your investment portfolio. 774 Copley Rd features three occupied units with current monthly rents of $868, $899, and $520, generating $2,287 per month in gross rental income. The property underwent extensive renovations in 2020-2021, including a new roof, new siding, updated units, new furnaces, and new hot water tanks, helping minimize near-term capital expenditures for the next owner. The property consists of two larger units plus a third-floor one-bedroom apartment. Tenants are responsible for their own gas and electric, while the owner pays water, sewer, and trash. With strong existing income, significant recent improvements, and a $180,000 list price, this property offers an attractive opportunity for an investor looking for a stabilized multifamily asset with much of the major deferred maintenance already addressed. Do not disturb tenants. End Buyers Only
Details
| MLS # | 5249151 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1919 |
| Days On Site | 3 |
| Listing Provided By | Keller Williams Living | Michael L Magno |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,880 |
| Basement | Y |
| Story(s) | 3 |
| Building(s) | 1 |
| Acreage | 0.10 |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | No Garage, Paved |
Taxes
| Tax Annual Amount | 2114 |
|---|
Area Information
| State | OH |
|---|---|
| County | Summit |
| City | Akron |
| Zip Code | 44320 |
| Listing VS Median (in 44320) | |
Price: $180,000 low | high Med: $132,900 sqft: 2,880 low | high Med: 1,775 $ / sqft: $63 low | high Med: $75 On site: 3 low | high Med: 27 | |
Market Activity 44320
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Learn More About This Property
| State | OH |
|---|---|
| County | Summit |
| City | Akron |
| Zip Code | 44320 |
| Listing VS Median (in 44320) | |
Price: $180,000 low | high Med: $132,900 sqft: 2,880 low | high Med: 1,775 $ / sqft: $63 low | high Med: $75 On site: 3 low | high Med: 27 | |