809 Kenmore Boulevard Akron, OH $ 260,000
809 Kenmore Boulevard
$ 260,000
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809 Kenmore Boulevard

Akron, OH, 44314
$ 260,000
Baths0.0

Monthly Estimate*

$ 1,816

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Studio

Commercial Property for sale in Akron, OH

for $260,000. This building was built in 1924 on a lot size of 0.1331.

Discover a new prime investment opportunity in Akron with this 5-unit brick apartment building, tailor-made for a savvy BRRRR investor. All units are 1-bed/1-bath and the property comes equipped with a newer boiler and hot water tank. This is a genuine BRRRR gem, with three out of five units currently vacant and two more in the eviction process—likely to be fully vacant upon close. With a proforma rent of $800 per unit, this property offers a great potential return. While some cosmetic updates are needed, several units are already in good condition. Once leased up, tenants will handle their own electricity bills while the owner covers the gas for the boiler. This is a strategic investment opportunity to secure a 5-unit multi at an attractive price point, perfectly aligned for a successful BRRRR strategy. Don't miss out on this chance to elevate your investment portfolio!!

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Commercial Active

Price

$ 260,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,907

Style

Lot Size

0.1331

Year Built

1924

Town/City

Akron

County/Region

Summit

MLS | Web ID

5021913

Features
General
Sewer PublicSewer
Heating HotWater Steam
Cooling None
Possession DeliveryOfDeed
Roof Flat
Year Built 1924
Stories 3
Township Akron
Levels ThreeOrMore
Property SubType Apartment
Tax Year 2023
Current Use Residential
County Summit
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Kenwood
Garage Y/N N
Status Active
Directions West of Manchester Rd Bypass.
City Akron
Buyer Agent Compensation 3/2
View Y/N N
Senior Community Y/N N
High School District Akron CSD - 7701
Total Units 5
Waterfront Y/N N
Carport Y/N N
Street Name Kenmore
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6907.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 34
Building Area Units SquareFeet
Standard Status Active
Middle/Junior School District Akron CSD - 7701
Elementary School District Akron CSD - 7701
Year Built Source PublicRecords
Property Sub Type Additional Apartment
Buyer Agent Compensation Type Item1
Legal Description KENMORE LOT 831 ALL
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Interior
Basement Unfinished
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Exterior
Parking Features OnSite Outside OnStreet
Water Source Public
Lot Size Area 0.1331
Foundation Details Basement
Number of Buildings 1
Spa N
Building Area Total 4788.0
Lot Size Acres 0.1331
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 809
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* Excluded Features
List By
Tal Tamir

Listing Agent

Russell Real Estate Services

Broker

tal@premierclevelandinvesting.com

Email

Affordability Calculator

$2,392
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,816
Monthly Property Taxes
$576
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457648 Elementary School
4457391 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2024$260,000 Listed Price

Map


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809 Kenmore Boulevard, Akron, OH, 44314 is a Commercial Property for sale at $260,000 with a lot size of 0.1331. 809 Kenmore Boulevard is a studio with 0.0 baths and was built in 1924. The property's zip code is 44314 which is in Akron, OH