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$299,900
Est. payment /mo
4 Beds
4 Baths
3,360 SqFt
New
228 Cole AVE Akron, OH 44301
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $89
Subdivision Cole Ave Allotment
MLS Listing ID 5231356
Bedrooms 4
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 3,360
Year Built 1928
Annual Tax Amount $5,550
Tax Year 2025
Lot Size 5,671 Sqft
Acres 0.1302
Property Sub-Type Quadruplex
Stories Two
Story Two
Property Description
Investor Special! Solid brick 4-unit multifamily property with immediate cash flow and value-add potential. Each unit offers 1 bedroom, 1 bathroom, a living room, dining room, and a bonus room, providing spacious layouts that appeal to tenants. Currently fully occupied, with two units renting for $500/month and two units renting for $750/month. Opportunity to increase returns through rental increases. Additional upside with the potential to finish the lower level and convert the property into a 6-unit building Convenient Akron location near shopping, restaurants, public transportation, and major highways.
Location
State OH
County Summit
Rooms
Basement Full
Interior
Heating Hot Water, Steam
Cooling None
Fireplace No
Laundry Common Area
Exterior
Parking Features Gravel
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Akron Csd - 7701
Others
Tax ID 6746975

Listed by Mandria Aceto • Realuxe Ohio • mandria@realuxerealestate.com, 440-341-2878
NEARBY SCHOOL & BUSINESS
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