USAOHAkronEmmons Small Farms1842 Grace Rd

1842 Grace Rd, Akron, OH

Name: 1842 Grace Rd, For Sale in Akron - Zoocasa
Brand: Catalyst Realty Group, LLC
SKU: 5246089
Price: 505000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$505,000

0020

MLS® 5246089

Overview

Key Facts

Type Apartment

Levels Commercial Sale

Size -

Garage

Maintenance Fees

Taxes $4,882

Days Active 1

Approx. Age 1948

MLS® Number 5246089

Property Address: 1842 Grace Rd, Akron, OH, 44312-4959

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

Description

Excellent investment opportunity in Akron! This 10-unit multifamily property features ten one-bedroom, one-bath units and is currently 90% occupied, with an accepted applicant for the remaining vacant unit. Each unit is equipped with its own mini-split heating and cooling system, providing efficient individual climate control. Significant improvements include a new septic system installed in 2025 at a cost of approximately $75, 000, along with a durable metal roof. The property is serviced by well water and offers plenty of convenient on-site parking. Tenants are responsible for their own gas and electric, with the exception of Unit 1. Because Unit 1's electric service currently powers the property's well and septic systems, electricity for that unit is included in the rent. The property is professionally managed by CRPM, providing an established management structure already familiar with the property, tenants, and day-to-day operations. CRPM is happy to continue providing professional management services for the new owner, offering the opportunity for a seamless transition following closing. With strong existing occupancy, an accepted applicant for the remaining unit, major infrastructure improvements already completed, and professional management already in place, this property presents an attractive opportunity for an investor looking to add a stabilized multifamily asset to their portfolio.

MLS® Number5246089

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1948

Stories1

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatHeat Pump

A/CDuctless

Extras

Map

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