386-390 Wildwood Avenue 390 Akron, OH $ 349,900
386-390 Wildwood Avenue 390
$ 349,900
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386-390 Wildwood Avenue 390

Akron, OH, 44320
$ 349,900
Baths0.0

Monthly Estimate*

$ 2,326

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Studio

Commercial Property for sale in Akron, OH

for $349,900. This building was built in 2020 on a lot size of 0.1424.

Calling all investors! Check out this remarkable investment opportunity in Akron, Ohio! This modern and strategically located 7-bedroom, 7-bathroom property was constructed in 2020, ensuring that everything inside is brand new and up to date. If you are an investor seeking a high-income generating asset with a robust return on investment (ROI) of approximately 10% this is the property for you. You will be shocked by the low expenses to maintain this property. Not only are the utility bills low (approx $200/month for water, sewer, electric, gas) but this property is also in a tax abatement zone - that's right, no annual property tax until 2034! (only tax on the lot). Each bedroom/unit has it's own full bathroom and lots of space. No basement for easy maintenance. Don't miss your chance on this rare find and lucrative investment in a prime location! *please note that each unit is a one bedroom one bath and they share the kitchen and laundry area. Each unit has the same front door access. There are 7 units.

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Commercial Active

Price

$ 349,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 500

Style

Lot Size

0.1424

Year Built

2020

Town/City

Akron

County/Region

Summit

MLS | Web ID

5028150

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession Other
Roof Asphalt Fiberglass
Year Built 2020
Stories 2
Township Akron
Levels Two
Unit Number 390
Property SubType Quadruplex
Tax Year 2022
County Summit
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Greater Pfeiffer
Garage Y/N N
Status Active
Directions Turn left onto E Exchange St 299 ft Continue on OH-261 / E Exchange St 0.4 mi Keep straight to get onto W Exchange St 0.6 mi Bear left onto OH-162 / S Maple St 0.6 mi Turn right onto
City Akron
View Y/N N
Senior Community Y/N N
High School District Akron CSD - 7701
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name Wildwood
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 500.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 7
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Akron CSD - 7701
Elementary School District Akron CSD - 7701
Property Sub Type Additional Quadruplex
Legal Description G P HIGHLAND PARK LOT 80 ALL TXBL PCL 6742328
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Exterior
Parking Features NoGarage Unpaved
Water Source Public
Lot Size Area 0.1424
Foundation Details Slab
Number of Buildings 1
Spa N
Lot Size Acres 0.1424
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
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Internal Only
Street Number 1 386
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* Excluded Features
List By
Katelyn E Ryan

Listing Agent

Tarter Realty

Broker

kate@tarterrealty.net

Email

Affordability Calculator

$2,367
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,326
Monthly Property Taxes
$42
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457648 Elementary School
4457391 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$349,900 Listed Price

Map


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386-390 Wildwood Avenue 390, Akron, OH, 44320 is a Commercial Property for sale at $349,900 with a lot size of 0.1424. 386-390 Wildwood Avenue 390 is a studio with 0.0 baths and was built in 2020. The property's zip code is 44320 which is in Akron, OH