Great Opportunity to Buy and Hold!
727 Sumner St, Akron, OH 44311
SINGLE FAMILY PROPERTY IN AKRON OHIO
PRICE: $73,000 Market Comps: $93,237 Potential Rent: $1,266 Cap Rate (Pro Forma): 13.58%
Unit Mix:
One 4 BR/ 1 Bath Unit
Occupancy: 100% Occupied
Current Rents: $850
Market Rents: $1,266
Taxes: $1,900
Insurance: $1,100
Utilities: Tenant pays all
Rehab: ~$5,000
Building Square Footage: 1,332 SqFt
Lot Size: 8,058 SqFt
Year Built: 1887
Management: Currently self-managed, but an excellent local property management company ready to step in and manage this one for the next owner.
Cap Rate (Pro Forma): 13.58% (5% Vacancy, Taxes, Insurance, and 10% Prop Management included in Pro Forma Cap and Actuals)
TEXTING IS THE FASTEST WAY TO GET A HOLD OF US!
If you have any questions about this property please contact:
Primary Contact: Jack Keith (463) 240-1822
Important Disclosures: Five Stream Ventures, LLC. is not an appraiser or a general contractor and does not claim to be one. Buyer is to do their own independent due diligence. All properties are sold as is, where is with no warranties or representations expressed or implied. Five Stream Ventures, LLC. is a real estate investment firm and does not claim to be licensed real estate agents or brokers.