246 5th St NW - Apartments FOR SALE


Barberton, OH 44203
$474,900 USD
330-323-5864
246 5th St NW, Barberton, OH for Sale
$474,900 USD
Apartments - FOR SALE
1/15
null | 11% Cap Rate

246 5th St NW
Barberton, OH 44203


OVERVIEW

Updated 7-unit apartment building near Lake Anna in Barberton. The building consists of 7 (1) bedroom / (1) bathroom units with uncovered parking lot to the side of the building. All 7 units have been renovated. Each unit is separately metered for gas/electric. Tenants pay gas and electric. Beautifully decorated kitchens, bath fixtures, newer flooring, fresh paint and appliances throughout. All newer windows. Property is located at the corner of 5th Street and Lake Anna Court. which is walking distance to Lake Anna. Unit Rents: 1) $850, 2) $755, 3) $825 vacant, 4) $885, 5) $850 vacant, 6) $755, 7) $775. Monthly gross rent potential $5,695. Owner left the two units vacant

FOR SALE DETAILS

PRICE

$474,900 USD

PRICE/SF

$149 USD /SF

# OF UNITS

7

PRICE/UNIT

$67,843

CAP RATE

11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,526 SF

ZONING

-

APN/PARCEL ID

01-10960

ASK ABOUT THIS PROPERTY

Andy AlayaminiKeller Williams Commercial Legacy GroupMore Info
330-323-5864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Andy AlayaminiKeller Williams Commercial Legacy GroupMore Info
330-323-5864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.