678-682 Sumner Akron, OH 44311

678-682 Sumner Akron, OH 44311

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$159,900 Active
Multi Unit - Multiple MLS 5192866 New to the Market
7 beds 3 full baths
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Listed By

Agency Name: Century 21 Homestar
Agency Contact: takacs.century21@gmail.com, 440-567-8047

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Welcome to this great income producing triplex less than 1 mile to Akron University and Downtown Akron. This is a well located multifamily investment property. There are 2 buildings included in the sale - very rare. The front building is duplex with 1 unit featuring 2 beds, 1 bath and the other unit featuring 3 beds, 1 bath. The rear building is a single family with 2 beds, 1 bath. The tenants in the duplex pay their own seperately metered electric. The back building pays for their own separatly metered gas and electric. All units equiped with refrigerators and stoves. Close to the freeway for easy access to Akron University, Akron General Hospital, restaurants, shopping, parks and more. Great cash flow and easy to maintain. 2 units vacant and rent ready to allow for showings. Market rent on the 2 bedrooms is $900/mo. Market rent on the 3 bedroom is: $1,100/mo. Available for review is an Offering Memorandum with a Rent Roll and P&L.

678-682 Sumner | MLS# 5192866

This multi-family property located at 678-682 Sumner , Akron, OH 44311 is currently listed for sale with an asking price of $159,900. 678-682 Sumner is located within the Akron City school district. Search Akron real estate on 4363seahorselane.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.20 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,478 / year
Year Built: 1900

Feature Descriptions

Appliances: Range, Refrigerator
Community Features: Golf, Medical Service, Playground, Park, Restaurant
Exterior: Aluminum Siding
Fencing: None
Laundry: In Unit
Lot: City Lot
Parcel#: 6741950
Parking: Common, No Garage, Shared Driveway, Unpaved
Security: Smoke Detector(s)
Sewer: Public Sewer
View: City
Water: Public
Window: Blinds, Double Pane Windows

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 678-682 Sumner , Akron, OH 44311
Fips
Fips Code 39153
Population
2020 to 2023 Change down 0.9%
2010 Count 541,781
2020 Count 540,428
2023 Estimate (V2023) 535,733
2020 Estimate (V2023) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.5%
18 to 64 54.6%
65 and Older 19.7%
Gender
Male 48.8%
Female 51.2%
Place of Birth
Foreign 5.5%
US 94.5%
Education
High School Graduate, Age 25+ 92.5%
Bachelor's Degree or Higher, Age 25+ 34.6%
Computer and Internet use
Households with a computer 93.6%
Households with a broadband Internet subscription 89.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 27,960
Income
Per Capita Income $40,786
Median Household Income $68,360
People in Poverty 12.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 228,635
Average Household Size 2.32
Owner-Occupied 66.9%
Multi-Family 22.4%
Owner-Occupied Median Value $182,500
Median selected monthly owner costs -with a mortgage $1,405
Median selected monthly owner costs -without a mortgage $562
Median gross rent $956
Building Permits
New Private Housing Issued 2023 685
Years at Residence
1 Year or More 87.9%
Less Than 1 Year 12.1%
Business and Employment
Private non-farm Establishments 13,393
Private non-farm Employment 241,278
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 42,765
Number of Firms 48,524
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,116.62 per month $780.15 Principal & Interest $289.83 Property Tax $46.64 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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