Investment Properties
Great Mixed Use Property Three Story, Brick, 14,000 sq ft
Only $149,900 • Owner Financing Available with 25% Down
960 - 962 Kenmore Blvd., Akron, OH 44314
First Floor: Two commercial storefront units, each with 13ft tall ceilings, additional work room at rear, plus a full basement (8 ft 3inch high) that is accessible from inside as well as through a rear Bilco door entrance. Each storefront has newer forced air furnaces and unit 962 has air conditioning.
Floors are hardwood, windows are a all newer vinyl insulated windows along with plate glass in the front display area. Both units have one lavatory. Newer vinyl insulated windows have also been installed on the upper two floors. There is a loading dock at the rear which faces a very large city owned parking lot. Building is across the street from the new branch library.
Second Floor: Is currently used as a storage area, but could be renovated to have three single bedroom apartments, or remodeled for office space.
Third Floor: has two apartments with rents of $455 and $425 per month There is room for an additional one bedroom apartment on the third floor.
Combined current rents total $2180 per month , or $26160 per year. With the addition of four more apartments it could easily total $3880 per month at the current low rental rates we charge. A lot of potential for $149,900
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Other Investment Properties:
I also have access to a large list of investment properties, call me locally at 330-644-2413, or toll free at 1-866-506-4371. If you get my voicemail leave a message with your area of interest, repeating your name and phone number twice. Or go to the contact form page, fill it out, then hit the submit button on the bottom of the page. It will be emailed to me at Tom@TomMcCombs.com
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