Akron, OH 44311,628, 634 & 636 Sumner ST #6 units
Akron, OH 44311,628, 634 & 636 Sumner ST #6 units
Akron, OH 44311,628, 634 & 636 Sumner ST #6 units
Akron, OH 44311,628, 634 & 636 Sumner ST #6 units
Akron, OH 44311,628, 634 & 636 Sumner ST #6 units
Akron, OH 44311,628, 634 & 636 Sumner ST #6 units
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$ 625,000
Est. payment | /mo

10,715 Sqft Lot


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$ 625,000
Est. payment | /mo
Save

10,715 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Voris

MLS Listing ID 5089431

HOA Y/N No

Year Built 1889

Annual Tax Amount $8,428

Tax Year 2023

Lot Size 10,715 Sqft

Acres 0.246

Property Description

628, 634 & 636 Sumner St, Akron, OH 44311 is located in the heart of downtown Akron. This multi-family property offers an exceptional investment opportunity. With a total of six units comprising 5,328 sq. ft. of finished residential space, the property includes two 2-bedroom units, three 3-bedroom units, and one 4-bedroom unit. The 3 duplexes comprise the 6 units and sit on 2 adjoining lots with a frontage of 102 feet on Sumner as well as the side has additional frontage on Thornton St with a depth of 95 feet, which affords the opportunity to provide several additional parking options with common area parking and off-street availability as well as several ins & outs to accommodate proper off street parking for all of the residents.

The property is well-maintained and features forced air gas heating, central air cooling, and public water and sewer services. It also includes an unfinished basement and an asphalt/fiberglass roof. Monthly rent is $5,650 and Annual gross rent is $67,800 with Landlord amount this year due to updating & installing new flooring, painting and showing, and marketing the property at $52,976, with total expenses this year to update and all expenses at $22,291, including management, maintenance, utilities, trash, and lawn/snow care, and upgrading the units. The property’s proximity to downtown and its location offer renters easy access to shopping, amenities, and public transportation, Akron University, easy access to Rt 8 and I-76 make the property highly desirable for urban living.

This property is ideal for investors seeking reliable cash flow and potential growth. For more information or to schedule a private showing, please contact your favorite Real Estate Agent. Don’t miss this chance to own a prime income-generating property in Akron!

Location

State OH

County Summit

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Additional Parking, Common, Off Street

Fence None

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Multi-Family

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Akron Csd - 7701

Others

Tax ID 6746647

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Lesa Lillibridge • Keller Williams Chervenic Rlty • lesalillibridge@gmail.com 330-620-5372
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+1(330) 807-1303

nicole@thekeygroupohio.com

8316 Cleveland Ave NW, North Canton, OH, 44720, USA

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628, 634 & 636 Sumner ST #6 units