868 Jason Ave, Akron, OH 44314

Fantastic investment opportunity in Akron! This all-brick residential income property features four units-two 2-bedroom and two 1-bedroom apartments-plus a large 4-car garage that is rented separately for additional income. Three of the four units, along with the garage, are currently occupied by long-term tenants, providing stable cash flow. The property brings in a gross monthly rent of $31,505 with annual expenses totaling just $10,002, which includes an established property management company already in place. At the current price, the property offers a strong 10.49% capitalization rate. Owner pays water, sewer, gas, and trash, while tenants pay their own electric, which is separately metered. Recent updates within the past 3-4 years include roofs, two furnaces, a hot water tank, and more. This is a solid, low-maintenance investment in a desirable rental area-perfect for expanding your portfolio or getting started in multifamily investing.