$1,200,000
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2615 Ellet Avenue Akron, OH 44312
Apartment
Residence
Beds
Baths
...
Bed/Bath
11,194
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Rare opportunity to own a meticulously maintained 16-unit apartment building in Ellet (Akron), Ohio. This property includes fourteen 2/1 units and two 1/1 units, the majority of which have been fully updated, with one more underway. Masonry construction, the with recent major mechanical upgrades suc...h as a new 100-gallon hot water tank, a modern boiler with a new pump installed, and a new full tear off roof in 2019. Each unit is equipped with wall-mounted air conditioning units and fully applianced kitchens. Rent increases have been successfully implemented across all units, and the building enjoys historically low vacancy rates. Ample parking is available for residents, and the property includes a clean coin-operated laundry facility that generates additional cash income with room for further expansion. Close to shopping, dining, freeways, and situated in Ellet Schools.
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MLS#
5048222
Property Type
Apartment
Year Built
1967
Square Feet
11,194
sq. ft
Lot Size
0.17
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