Opportunity in the heart of Kenmore. 100% occupied, 7 units. Excellent condition, tenants pay own utilities, very well maintained. Newer furnaces & hot water tanks. Gross income $37,020.00 Net operating income $26,620. Cap rate is 14%. Long term tenants there are 4 two bedroom units and 3 one bedroom units. Owner retiring.
Off market
Zestimate®
$146,200
1254 & 1258 California Ave, Akron, OH 44314
0beds
0baths
1,248sqft
SingleFamily
Built in 1962
6,098 Square Feet Lot
$146,200 Zestimate®
$117/sqft
$1,318 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Other
Cooling
- Central
Features
- Basement: None
Interior area
- Total interior livable area: 1,248 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 6,098 sqft
Details
- Parcel number: 6742141
Construction
Type & style
- Home type: SingleFamily
Materials
- Metal
Condition
- Year built: 1962
Community & neighborhood
Location
- Region: Akron
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Estimated market value
$146,200