Investment Properties

Terrific Potential in one of the most accessible areas of Akron, with easy access to RT 224, I-76 and I-77. Ten minutes or less from downtown, area hospitals, and the University of Akron. Located in the same block as a newly renovated 0ffice/apartment complex.
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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News in the Neighborhood
Great opportunity to join the exciting area redevelopment. Check out the article featured in the Beacon Journal at http://www.ohio.com/news/99548614.html about the green renovation of several buildings on this block of Kenmore Blvd. which are slated for office/retail and university student housing.
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Other Investment Properties:
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I also have access to a large list of investment properties, call or text me at 330-644-2413, or leave a message on my toll free number at 1-866-506-4371. Or you can email me with your contact info and area of interest at Tom@TomMcCombs.com
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