This well-maintained 7-unit brick townhome complex is a fully stabilized, cash-flowing investment with strong in-place performance and upside potential. Each attached unit features 3 bedrooms, 1 full bath, a private full basement with individual furnace, hot water tank, and electrical panel, and both front and rear porches for added tenant appeal. Four units have been fully renovated in the last 18 months, and water is sub-metered, so tenants pay their own usage. Market rents are $1,000+ per unit, plus water/sewer, gas, and electric. This property was purchased in disrepair and has been thoughtfully restored and stabilized in both condition and tenancy. It will cash flow from day one, with professional property management in place. The property is well-suited for both open-market and subsidized tenants, and has a history of long-term residents, reflecting its strong location and rental appeal. Management is willing to continue service through transition or can be replaced at buyer's discretion. Located on a main artery in the popular Akron suburb of Barberton, this property benefits from strong tenant demand and excellent accessibility. A smart addition to any portfolio or a great start for new investors seeking solid cash flow and long-term value.
Listed By
Agency Name: Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Agency Contact: 330-867-4266, crr.realestate@gmail.com
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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459 Wooster Road N | MLS# 5169913
This commercial property located at 459 Wooster Road N, Barberton, OH 44203 is currently listed for sale with an asking price of $590,000. Wooster Road N is located within the Barberton City school district. Search Barberton real estate on mikelove.greatmoverealty.net today.