Address
137 Massillon Road Akron, OH
Price
$ 149,700
Property Attributes
- MLS#4265190
- TypePending
- CountySUMMIT
- CityAkron
- AreaEllet Area
- NeighborhoodV A Spade Allotment 03
- Zip44312
- StyleQuadruplex
- Year Built1931
- Taxes3401
- Price$ 149,700
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2744
- Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Greg A Lehrer with Carriage Group Realty
Data Source:
Yes MLS, INC - Northern Ohio Regional Multiple Lis
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 Water / Sewer bills for all 4 units (owner paid). $ 3,401.00 4-unit annual taxes paid through mortgage in 2020 (2019 tax year). $ 787.00 Annual Insurance paid. $ 60.00 Average monthly electric for units 3 and 4 (owner paid). These units are a great opportunity for an investor looking to add to their portfolio. If current owner does not get a reasonable price, he will keep them long term.
| Price History | |
|---|---|
| 3/25/2021 | Listed $149,700 |
General Features
| Appliances | Range, Refrigerator |
|---|---|
| Construction Materials | Brick |
| Cooling | None |
| Elementary School District | Akron CSD |
| Exterior Features | Unpaved Driveway |
| Facing Direction | West |
| Heating | Forced Air, Fireplace(s), Gas |
| High School District | Akron CSD |
| MLS Area | Ellet Area |
| Middle/Junior School District | Akron CSD |
| Property SubType | Quadruplex |
| Property Type | Residential |
| Roof | Asphalt, Fiberglass |
| Sewer | Public Sewer |
| Stories | 2 |
| Subdivision Name | V A Spade Allotment 03 |
| Terms | Cash, Conventional |
| Total Units | 3 |
| Township | Akron City |
| Virtual Tour | https://www.propertypanorama.com/137-Massillon-Rd-Akron-OH-44312/unbranded |
Interior Features
| Above Grade Finished Area | 2294 |
|---|---|
| Above Grade Finished Area Source | Realist |
| Basement | Full |
| Below Grade Finished Area | 450 |
| Below Grade Finished Area Source | Realist |
| Fireplace Y/N | Yes |
| Full Baths | 4 |
| Heating Y/N | Yes |
| Laundry Features | In Unit |
| Living Area | 2744 |
| Total Baths | 4 |
| Total Bedrooms | 6 |
Exterior Features
| Lot Size Acres | 0.12 |
|---|---|
| Lot Size Area | 0.12 |
| Lot Size Units | Acres |
| Number of Buildings | 1 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 44312
Price
Taxes
Visits
Year Built
Walkscore
©Yes MLS, INC - Northern Ohio Regional Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective
