Robert Bailey, IV

774 Copley Road, Akron, OH 44320

$180,000
  • 774 Copley Road, Akron, OH 44320 Main Photo
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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET2,880 MLS#5249151
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLAkron City

Property Description

Excellent opportunity to add a well-maintained triplex to your investment portfolio. 774 Copley Rd features three occupied units with current monthly rents of $868, $899, and $520, generating $2,287 per month in gross rental income. The property underwent extensive renovations in 2020-2021, including a new roof, new siding, updated units, new furnaces, and new hot water tanks, helping minimize near-term capital expenditures for the next owner. The property consists of two larger units plus a third-floor one-bedroom apartment. Tenants are responsible for their own gas and electric, while the owner pays water, sewer, and trash. With strong existing income, significant recent improvements, and a $180,000 list price, this property offers an attractive opportunity for an investor looking for a stabilized multifamily asset with much of the major deferred maintenance already addressed. Do not disturb tenants. End Buyers Only

774 Copley Road | MLS# 5249151

This multi-family property located at 774 Copley Road, Akron, OH 44320 is currently listed for sale with an asking price of $180,000. Copley Road is located within the Akron City school district. Search Akron real estate on robertbailey.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Baseboard, Electric, Forced Air, Gas
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $2,114 / year
Year Built: 1919

Feature Descriptions

Exterior: Vinyl Siding
Laundry: Common Area, In Basement, Lower Level
Parcel#: 6745920
Parking: No Garage, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Listed By / Shown By

Listed By

Agency Name: Keller Williams Living
Agency Contact: michael@themagnogroup.com, 330-990-3744

Shown By

Agent Name: Robert Bailey, IV
Agent Phone: (419) 343-7367
Agency Title: Key Realty

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Estimated Payment

$ 1,235.54 per month $1,006.87 Principal & Interest $176.17 Property Tax $52.50 Homeowner's Insurance

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