599-609 Sherman St, Akron, OH 44311

Attention all investors! This great opportunity awaits you. There are three parcels in all consisting of five buildings and two garages. These include two single family houses with four bedrooms each that are set up to lease per room at an estimated $400/room per month, a three unit apartment that has 1- 3 bedroom apartment, and 2- 1 bedroom apartments with an estimated gross rent of $2,100 per month, a second three unit apartment that consists of 2- 3 bedroom apartments, and 1- 1 bedroom apartment with an estimated market rent of $2,250 gross/month, and a 2 unit apartment with 3 bedrooms each and an estimated gross rent of $1,600/month. The electric meters are split on all buildings. The gas and water/sewer/trash is set up to be paid by the landlord. The properties need some work but the ARV is very generous with great cash flow. Total gross rent for all five buildings is over $9,150 plus per month with an ARV of about 3 times the asking price.