$169,000
bedrooms
5
bathrooms
4
square feet
2,016
Acreage
0.0708
Open Houses
-
year built
1928
Full Baths
4
Half Baths
0
Turnkey investment with tenants in place in 3 units. Rents are under market and tenants know rent will be increased. They are all month-to-month. Some units need improvement but everything is functional. Landlord pays all utilities but they are very reasonable. Unit#4 and basement can be viewed without an appointment. 36 hours notice to view occupied units. Cap rate is nearly 10% at existing rents. When rents go to market rate, the cap rate will increase dramatically.
Location | |
Subdivision | Portage |
County | Summit |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 5113755
Listing agent:
Barbara Snyder
#309625
Listing broker:
Snyder & Snyder Real Estate
(330) 434-4343
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Friday, April 11 2025 at 8:42 a.m. EDT
Kotohomes National
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