699 Exchange StAkron, OH 44302

  • Land
  • 4,096 SF
For Sale
$150,000 View listing

Property Details for 699 Exchange St

Year built
1927
Lot size
0.10 AC
Property size (Sq ft)
4,096 SF
Property type
Land
Property subtype
Commercial land
APN
68-45665
APU
6845665

Description

This well-maintained Class B duplex located at 699 W Exchange St, Akron, OH 44302, presents a compelling investment opportunity. Offered at $150,000, this two-unit multifamily property is currently for sale by owner. The property has undergone significant recent improvements, including new siding and a replacement of the main thermostat. Furthermore, the interiors of both units have been gently rehabilitated, minimizing the need for immediate capital expenditures. Situated in Summit County, Ohio, this property benefits from a convenient Akron location. The precise coordinates are 41.08893672168847 latitude and -81.54140321250125 longitude. This turnkey investment is ideal for adding to an existing portfolio or for first-time investors seeking a low-maintenance, high-return property. The property's recent upgrades reduce immediate maintenance concerns, allowing for a smoother transition into ownership. The strong rental market in Akron further enhances the potential for consistent cash flow. This duplex represents a solid investment opportunity with significant upside potential. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $891,616
    Hospitality
    $816,715
    Educational
    $679,498
    Medical
    $702,867
    Retail
    $1,056,996
699 Exchange St, Akron, Ohio

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.0714
Longitude
-81.4984
CBSA code
10420
CBSA name
AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$654
$4,910
-
$4,910
-
$14,040
-
$14,040

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