Commercial Real Estate for Sale at 159-166 Walnut Terrace in Akron, OH for $1,150,000

Listing data last changed 9/30/2024
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159-166 Walnut Terrace | Akron

$1,150,000 | 0.0 Sq. Ft.

Investors, don't miss out on this rare opportunity to acquire a fully renovated multi-family property in a great location! This property consists of mostly 3 Bdrm., 1 Bath units, updated in 2020 and situated on a private cul-de-sac for a quiet living environment. Conveniently located near schools, shopping, dining, and transportation routes, boasting a strong rental history with potential for increased revenue. It's proximity to essential amenities, enhances tenant appeal and retention making it ideal for investors seeking a turnkey property with strong income potential. Recent renovations have reduced maintenance costs and attracted higher-quality tenants, making this a solid investment opportunity. Property management will continue to be offered and a discounted fee on a one year term for the new owner. MLSNow 5051694

Directions to property: Off West Market Street, West of Rand Ave.

MLS Listing ID: 
MLSNow 5051694
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,150,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Akron
Address: 
159-166 Walnut Terrace, Akron, OH 44303
County: 
Summit
Latitude: 
41.0863290
Longitude: 
-81.5234110
Directions: 
Off West Market Street, West of Rand Ave.
Public Remarks: 
Investors, don't miss out on this rare opportunity to acquire a fully renovated multi-family property in a great location! This property consists of mostly 3 Bdrm., 1 Bath units, updated in 2020 and situated on a private cul-de-sac for a quiet living environment. Conveniently located near schools, shopping, dining, and transportation routes, boasting a strong rental history with potential for increased revenue. It's proximity to essential amenities, enhances tenant appeal and retention making it ideal for investors seeking a turnkey property with strong income potential. Recent renovations have reduced maintenance costs and attracted higher-quality tenants, making this a solid investment opportunity. Property management will continue to be offered and a discounted fee on a one year term for the new owner.
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Portage
Building Details
Details about the building on a property.
Year Built: 
1915
Living Area: 
0.0
Basement: 
Full
Construction
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.24
Lot Size (Area): 
0.24
Lot Features
Parking Type: 
Asphalt,Parking Lot
Public Record
Parcel Number: 
6748600
Annual Tax: 
$6,695.30
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Lisa A Mazzola
Listing Office Name: 
Century 21 Wilbur Realty

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