440 Zahn Drive, Akron, OH 44313
sale
$890,000
|
Apartment
Courtesy Of Keller Williams Elevate
Rare opportunity to acquire a 10-unit multifamily portfolio consisting of two neighboring townhome-style buildings in Akron's desirable north side, conveniently located near Fairlawn, I-77, Sand Run Park, and the Montrose shopping area. The portfolio includes 440-446 Zahn Drive, a four-unit building, and 2161-2171 Thurmont Road, a six-unit building, offering a desirable mix of two- and three-bedroom floor plans. Significant capital improvements have already been completed, with the seller investing more than $130,000 in updates throughout the portfolio, including roofing, electrical panels, mechanical improvements, parking, and unit renovations. Approximately 70% of the units have been renovated, providing an opportunity for a new owner to continue improving the remaining units and optimize rental income over time. Units feature individually metered gas and electric, while the owner currently pays water, sewer, and trash. Offered together as one investment opportunity, this portfolio provides established rental income, substantial improvements already completed, and additional upside for an investor seeking to expand their multifamily holdings. Financial information and rent roll available to qualified buyers upon request.
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Property Features
- Age: Over 50 Years Old
- Building Units: 10
- Cooling System: Window Unit(s)
- Heating System: Forced Air
- Legal Description: PARK HTS EST #9 LOT 1009 ALL
- MLSID: 5255652
- Parking Spaces: 13
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