OH > Akron > Burco
Akron, OH 44307,1326 Pontiac AVE
Akron, OH 44307,1326 Pontiac AVE
Akron, OH 44307,1326 Pontiac AVE
Akron, OH 44307,1326 Pontiac AVE
Akron, OH 44307,1326 Pontiac AVE
Akron, OH 44307,1326 Pontiac AVE
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Shawana Hanson

Shawana Hanson

+1(216) 971-3161
$ 1,250,000
Est. payment | /mo

6,721 Sqft Lot

Save
$ 1,250,000
Est. payment | /mo
Save

6,721 Sqft Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Burco

MLS Listing ID 5154951

HOA Y/N No

Year Built 1957

Annual Tax Amount $1,231

Tax Year 2024

Lot Size 6,721 Sqft

Acres 0.1543

Property Sub-Type Other

Property Description

Investor Special!! This 12 Single Family Portfolio offers investors a stabilized, cash flowing opportunity to acquire 12 single-family homes located throughout Akron. Each property has been well maintained and professionally managed, providing immediate rental income and long-term upside potential. Investment Summary Portfolio Size: 12 Single-Family Homes, Occupancy rate 87%, Monthly Gross Rent $13,302, Annual Net Operating Income (NOI) $120,000, Cap Rate: 7.5%, Section 8 approved for consistent, reliable income. This portfolio has performed as a strong cash-flow asset for many years, with consistent occupancy and proven rental demand in the Akron market. With all homes Section 8 approved and rent-ready, investors can step into an established, income-producing portfolio with minimal disruption. The following addresses are in the portfolio.

618 Sanford Ave Akron, OH 44305 Parcel # 6806648

1257 Greenwood Ave Akron, OH 44320 Parcel # 6720710

1145 Brown St Akron, OH 44301 Parcel # 6709487

785 Bellevue Ave Akron, OH 44307 Parcel # 6803711

1198 Easton Dr Akron, OH 44310 Parcel # 6832808

549 Garry Rd Akron, OH 44305 Parcel # 6801556

1123 Coventry St Akron, OH 44306 Parcel # 6746729

1326 Pontiac St Akron, OH 44307 Parcel # 6807318

723 Virginia Ave Akron, OH 44306 Parcel # 6807563

2541 Edgebrook Ave Akron, OH 44312 Parcel # 6707133

1951 Faye Rd Akron, OH 44306 Parcel # 6858894

1084 Yukon Ave Akron, OH 44320 Parcel # 6704473

Location

State OH

County Summit

Interior

Heating Forced Air

Fireplace No

Schools

School District Akron Csd - 7701

Others

Tax ID 6807318

Acceptable Financing Cash, 1031 Exchange, Other

Listing Terms Cash, 1031 Exchange, Other

Special Listing Condition Standard

Northern Ohio Regional MLS (YES-MLS)
Listed by Marshall Stephens • Keller Williams Chervenic Rlty • MStephens@kw.com, 330-622-2423
Shawana Hanson

"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

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1326 Pontiac AVE