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801-805 E Exchange St
Akron, OH 44306

East Exchange Apartments · Multifamily Property For Sale · 8 Units

Investment Highlights

  • 6 of the 8 units have been recently Cosmetically Freshened Up
  • Stable Turn-Key Investment with no deferred maintenance and needing very little management
  • Located .6 miles from the 15,000 Student, University of Akron
  • 10.14% Projected Cap w/8% Management and Real Estate Tax Adjustment
  • Tenant Paid Utilities

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.21 AC
Building Size 5,376 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1926/2021
Parking Ratio 1.49/1,000 SF

Unit Amenities

  • Balcony
  • Security System
  • Hardwood Floors
  • Double Pane Windows

Site Amenities

  • Laundry Facilities
  • Security System

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $700.00 600

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 67-07578
  • 67-07582
Land Assessment
$15,518
Improvements Assessment
$84,882
Total Assessment
$100,400

zoning

Zoning Code Multi-Family
Multi-Family
  • Listing ID: 29800592

  • Date on Market: 2023-10-16

  • Last Updated:

  • Address: 801-805 E Exchange St, Akron, OH 44306

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