Address: 774 Copley Rd, Akron, OH 44320, USA
Property Description
Excellent opportunity to add a well-maintained triplex to your investment portfolio. 774 Copley Rd features three occupied units with current monthly rents of $868, $899, and $520, generating $2,287 per month in gross rental income. The property underwent extensive renovations in 2020-2021, including a new roof, new siding, updated units, new furnaces, and new hot water tanks, helping minimize near-term capital expenditures for the next owner. The property consists of two larger units plus a third-floor one-bedroom apartment. Tenants are responsible for their own gas and electric, while the owner pays water, sewer, and trash. With strong existing income, significant recent improvements, and a $180,000 list price, this property offers an attractive opportunity for an investor looking for a stabilized multifamily asset with much of the major deferred maintenance already addressed. Do not disturb tenants. End Buyers Only