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642 E Wilbeth RD Akron, OH 44306
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Key Details
Sold Price $210,450
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,248 sqft
Price per Sqft $64
Subdivision Wilbeth Road Allotment
MLS Listing ID 5059240
Sold Date 12/18/24
Bedrooms 6
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,248
Total Fin. Sqft 3248
Year Built 1930
Annual Tax Amount $3,672
Tax Year 2023
Lot Size 10,798 Sqft
Acres 0.2479
Property Sub-Type Quadruplex
Property Description
Great Investment Opportunity: Well-maintained 4-unit Brick apartment building with a solid rental history and full occupancy. This property generates $2,850 in gross monthly income, with long-term tenants on month-to-month leases and one newer tenant secured through 5/31/25. The roof is approximately 12 years old with a single layer, and the boiler was replaced in 2007, reducing potential maintenance costs. Each unit comes equipped with seller-owned refrigerators, stoves, and window air conditioners. Tenants enjoy the convenience of a covered 4-car carport and additional parking off the circular driveway. Located close to public transportation and freeway access, this property offers strong rental appeal. Owner covers all utilities, lawn care, and common area maintenance, with expenses averaging $800 per month.
Location
State OH
County Summit
Direction North
Rooms
Basement Common Basement, Full, Unfinished
Interior
Heating Gas, Hot Water, Steam
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Laundry Common Area, In Unit
Exterior
Parking Features Driveway, Detached, Garage, Unpaved
Carport Spaces 4
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage false
Private Pool No
Building
Faces North
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Akron Csd - 7701
Others
Tax ID 6740141
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Christopher J Barthol • RE/MAX Above & Beyond