272 Kryder AveAkron, OH 44305

For Sale
$145,900

High-Yield Investment, Prime Location

Overview

Added:
Feb 3
Days on market:
39
This well-maintained five-unit apartment building at 272 Kryder Avenue in Akron, Ohio, presents a compelling investment opportunity. Situated on a 0.1-acre lot, the property offers a mix of five units: four one-bedroom apartments and one larger two-bedroom apartment. Each unit is equipped with a stove and refrigerator, providing tenants with essential appliances. The building's convenient location near downtown Akron and major highway access ensures easy commuting for residents and simplifies management for the owner. A significant advantage is the inclusion of utilities in the rental price for all units, minimizing operational complexities and maximizing rental income. Currently, the property generates a substantial monthly income of $3,515, demonstrating its strong rental performance and potential for future growth. The property's desirable location and consistent rental income make it an attractive investment for those seeking a stable and profitable addition to their portfolio. The building's solid construction and current occupancy levels suggest a low-maintenance investment with significant return potential. This is a rare opportunity to acquire a well-performing multi-family property in a thriving urban area. The asking price of $145,900 reflects the property's value and potential for long-term appreciation.

Property Details for 272 Kryder Ave

Property type
Residential income properties, Multifamily properties
Year Built
1918
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.07132
Longitude
-81.47597
272 Kryder Ave, Akron, Ohio

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272 Kryder Ave
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