628,634 & 636 Sumner Street 6 units Akron, OH 44311

Multi-Family (2-4 Units) MLS #: 5089948 Courtesy Of Chervenic Realty Inc

$625,000

17 beds | 6 baths
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Est. Property Tax: $8,428
Estimated monthly payments: $3,434/mo.* (recalculate)

Property InformationDescription

628, 634 & 636 Sumner St, Akron, OH 44311 is located in the heart of downtown Akron. This multi-family property offers an exceptional investment opportunity. With a total of six units comprising 5,328 sq. ft. of finished residential space, the property includes two 2-bedroom units, three 3-bedroom units, and one 4-bedroom unit. The 3 duplexes comprise the 6 units and sit on 2 adjoining lots with a frontage of 102 feet on Sumner as well as the side has additional frontage on Thornton St with a depth of 95 feet, which affords the opportunity to provide several additional parking options with common area parking and off-street availability as well as several ins & outs to accommodate proper off street parking for all of the residents. The property is well-maintained and features forced air gas heating, central air cooling, and public water and sewer services. It also includes an unfinished basement and an asphalt/fiberglass roof. Monthly rent is $5,650 and Annual gross rent is $67,800 with Landlord amount this year due to updating & installing new flooring, painting and showing, and marketing the property at $52,976, with total expenses this year to update and all expenses at $22,291, including management, maintenance, utilities, trash, and lawn/snow care, and upgrading the units. The property s proximity to downtown and its location offer renters easy access to shopping, amenities, and public transportation, Akron University, easy access to Rt 8 and I-76 make the property highly desirable for urban living. This property is ideal for investors seeking reliable cash flow and potential growth. For more information or to schedule a private showing, please contact your favorite Real Estate Agent. Don t miss this chance to own a prime income-generating property in Akron!

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Appliances: Range, Refrigerator
  • Architecture Style: Other
  • Exterior Type: Aluminum Siding
  • Lot Size: 0.25 Acres
  • Roof Type: Asphalt

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628,634 & 636 Sumner Street 6 units, Akron, OH 44311
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School Information

628,634 & 636 Sumner Street 6 units, Akron, OH 44311

Elementary School
Grades KG-5 | Public School
LEGGETT COMMUNITY LEARNING CENTER
Akron, OH 44311
333 E Thornton St
330.­761.1735
Distance: 0.1 mi
School Rating
D+
Student:Teacher Ratio
11:1
Total Students
319
Middle School
Grades 6-8 | Public School
JENNINGS COMMUNITY LEARNING CENTER
Akron, OH 44310
227 E Tallmadge Ave
330.­761.2002
Distance: 2.7 mi
School Rating
C-
Student:Teacher Ratio
17:1
Total Students
773
High School
Grades 9-12 | Public School
NORTH HIGH SCHOOL
Akron, OH 44310
985 Gorge Blvd
330.­761.2665
Distance: 2.8 mi
School Rating
C
Student:Teacher Ratio
13:1
Total Students
895
Other Nearby Schools Distance Type Grades School Rating
St Mary Elementary School 0.6 mi Private KG-8
Akron Alternative Academy 0.7 mi Public 11-12
Main Preparatory Academy 0.9 mi Public KG-5 D+
Akron Early College High School 0.9 mi Public 9-12 A+
Akron Stem High School 0.9 mi Public 9-12 C+
Mason Community Learning Center 0.9 mi Public PK-6 D+
National Inventors Hall Of Fame School, Center For Stem Learning 0.9 mi Public 5-8 B-
Mcebright Community Learning Center 1.0 mi Public KG-5 C-
Archbishop Hoban High School 1.0 mi Private 9-12
Glover Community Learning Center 1.2 mi Public KG-5 C-
Akros Middle School 1.2 mi Public 6-8 C-
The Edge Academy 1.3 mi Public KG-5 C-
Case Preparatory Academy 1.3 mi Public KG-8
Middlebury Academy 1.3 mi Public KG-8 C-
Helen Arnold Community Learning Center 1.3 mi Public KG-5 C-
Arlington Christian Academy 1.4 mi Private KG-8
Robinson Community Learning Center 1.5 mi Public PK-6 C-
Reach Center Summit Lake 1.5 mi Public PK
St Vincent De Paul Elementary School 1.5 mi Private PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Akron, OH 44311

Median Age: 30
Married: 14%
Number of Households: 2,404
Households with Children: 27.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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