Map
Listed price in listed location currency (USD).
$890,000

0013

MLS® 5255652

Overview

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees 
Taxes $19,558
Days Active 1
Approx. Age 1963
MLS® Number 5255652

Property Address: 440 Zahn Dr, Akron, OH, 44313-5518

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a 10-unit multifamily portfolio consisting of two neighboring townhome-style buildings in Akron’s desirable north side, conveniently located near Fairlawn, I-77, Sand Run Park, and the Montrose shopping area. The portfolio includes 440–446 Zahn Drive, a four-unit building, and 2161–2171 Thurmont Road, a six-unit building, offering a desirable mix of two- and three-bedroom floor plans. Significant capital improvements have already been completed, with the seller investing more than $130, 000 in updates throughout the portfolio, including roofing, electrical panels, mechanical improvements, parking, and unit renovations. Approximately 70% of the units have been renovated, providing an opportunity for a new owner to continue improving the remaining units and optimize rental income over time. Units feature individually metered gas and electric, while the owner currently pays water, sewer, and trash. Offered together as one investment opportunity, this portfolio provides established rental income, substantial improvements already completed, and additional upside for an investor seeking to expand their multifamily holdings. Financial information and rent roll available to qualified buyers upon request.
MLS® Number5255652
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1963
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CWindow Units

Extras

Map

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