788 Montana Avenue, Akron, Ohio
For Sale
Presented By:

Todd Keith
Five Stream Ventures LLC
972-836-7705
$ Click for current price
2 BEDROOMS | 1 Baths (1 full ) BATHROOMS | 980 SqFt
For less than the price of most Single-Family Homes, you can have 2 income-producing units!
PRICED TO MOVE QUICKLY: $33,500
This multifamily property offers multiple money-generating strategies:
- Priced to MOVE
- $11,051 estimated/pro forma annual NOI
- Room for Rent Increases
- Perfect small multifamily deal
- Even more possible value plays
Number of Units: 2
Style: Two-story
Current Occupancy: 100%
Building Square Footage: 980 sqft
Lot Size: 2,565 sqft
Year Built: 1926
Utilities: Tenants pay for all utilities.
Roof: Asphalt
Construction: Frame/Siding
Building Square Footage: 980
- Pro forma cap rate 32.99%
- Pro Forma cash on cash return 117.0%
- 5-year annual ROI 121.5% per year
- Great Investment Opportunity
- Excellent Professional Property Management company available
- Cap Rate on Actuals: 17.78%
- Akron is one of the top Real Estate markets in Ohio
- $5,956 actual NOI
- $11,051 Pro Forma NOI