$1,200,000
Active
7 Days Online
0 Beds0 Baths0 SQFT
Active

2615 Ellet Avenue Akron, OH 44312

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Rare opportunity to own a meticulously maintained 16-unit apartment building in Ellet (Akron), Ohio. This property includes fourteen 2/1 units and two 1/1 units, the majority of which have been fully updated, with one more underway. Masonry construction, the with recent major mechanical upgrades such as a new 100-gallon hot water tank, a modern boiler with a new pump installed, and a new full tear off roof in 2019. Each unit is equipped with wall-mounted air conditioning units and fully applianced kitchens. Rent increases have been successfully implemented across all units, and the building enjoys historically low vacancy rates. Ample parking is available for residents, and the property includes a clean coin-operated laundry facility that generates additional cash income with room for further expansion. Close to shopping, dining, freeways, and situated in Ellet Schools.

  • Property TypeCondo
  • NeighborhoodSpringfield Terrace
  • CountySummit
  • Taxes$17,272
  • HOA/Condo/Coop Fees$0
  • Days on Site7 Days
  • MLS StatusActive
  • MLS ID Number5048222
  • Home Size Source Public Records
  • Year Built1967
  • Lot Size0.1708 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Additional ParkingAsphaltCommonDriveway
  • Sewer Public Sewer
  • Acreage 0.1708
  • Water Public
  • Property Sub Type Apartment
  • Attached Garage No

Interior Features

  • Cooling Wall Units
  • Heating BaseboardForced Air
  • Laundry Features Coinoperated

Exterior Features

  • Roof Shingle

Community Features

  • Township Akron

Schools

School District
Akron CSD - 7701
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$6,297
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