39 25th St NW, Barberton, OH 44203
sale
$660,000
|
Multi-Family
Listed By CENTURY 21 Carolyn Riley Realty
This is a turn-key investment opportunity ready to perform. The building was vacated for the in depth renovations in plumbing, window replacements, new baths and kitchens as well as painting and flooring throughout each unit. Deferred exterior maintenance was tended to and it's been brought back to life. Professional property management in place, it's being marketed for its new residents at $850+electric per unit per month. Of the recent applicants, one is a subsidized voucher-holder, and the Housing Authority validated the rent rate. The current property managers are happy to continue service as they work to get the building fully occupied, or it can be transferred with the sale.
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Property Features
- Building Area: 4400.00 SF
- Cap Rate Percentage: 8.8
- Cross Docks: N
- For Auction: N
- Full Bathrooms: 1
- Level Number: 2
- Lot Size In Text: 0.14 Acres
- MLSID: 5042828
- Price Upon Request: N
- Style: Multi Family - 2-4 Units
- Sublease: N
- Tax Year: 2023
- Taxes: $2267.00
- Total Units: 8
- Year Built: 1908
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