This fully rented, turnkey 7-unit property presents a strong investment opportunity with immediate upside potential. Recently renovated, the building consists of 4 studio apartments and 3 two-bedroom units, all fully leased. Current rents are below market, offering room for value-add increases?studio units can be raised to approximately $700 per month, and two-bedroom units to around $850 per month, significantly boosting cash flow. The property is designed with ease of management in mind, featuring a tall crawl space that simplifies maintenance and repairs. Additional income is generated through on-site laundry facilities, and the parking lot provides 7+ spaces, adding convenience and tenant appeal. This is a low-maintenance, income-producing asset in strong rental condition with immediate potential to increase revenue. No showings without a written offer.
Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: sylvia@incteamrealestate.com, 216-316-1893
Shown By
Agent Name: Mike Love
Agent Phone: Cell: (330) 359-1328
Agency Title: Great Move Realty
Great Move Realty Mike Love (cell) (330) 359-1328
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1330 W Waterloo Road | MLS# 5139134
This commercial property located at 1330 W Waterloo Road, Akron, OH 44314 is currently listed for sale with an asking price of $450,000. W Waterloo Road is located within the Akron City school district. Search Akron real estate on mikelove.greatmoverealty.net today.