1162-1164 Tonawanda AvenueAkron, OH 44305

1162-1164 Tonawanda AvenueAkron, OH 44305

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$179,000 Active
Multi Unit - Multiple MLS 5181352
4 beds 2 full baths 1,508 sqft
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Listed By

Agency Name: Keller Williams Chervenic Rlty
Agency Contact: shelby@kucinichomes.com, 330-931-0601

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

DUPLEX INVESTMENT OPPORTUNITY! 1162-1164 Tonawanda Avenue --- 1,508 total square footage with 4BD/2BA (2/1+2/1 per unit) with a full basement. Each unit has separate basement spaces, utilities and laundry hookups in each. Prior rents were $850/month each and that's with tenant-provided appliances and tenant-paid utilities. Updates include: Roof 2023, Electrical Updates (2016). Live in one side and offset your mortgage or lease both sides for steady income. Low-maintenance setup in a strong-rental area. Strong Gross Cap of 11.4% with previous rental amounts -- add your touches and it could be even higher! Don't wait on this one!

1162-1164 Tonawanda Avenue | MLS# 5181352

This multi-family property located at 1162-1164 Tonawanda Avenue, Akron, OH 44305 is currently listed for sale with an asking price of $179,000. 1162-1164 Tonawanda Avenue is located within the Akron City school district. Search Akron real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Sump Pump
Cooling: Central Air
Days on Market: 3
Heating: Forced Air, Gas
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 1.0
Taxes: $1,306 / year
Year Built: 1965

Feature Descriptions

Exterior: Aluminum Siding
Parcel#: 6704054
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 1162-1164 Tonawanda Avenue, Akron, OH 44305
Fips
Fips Code 39153
Population
2020 to 2023 Change down 0.9%
2010 Count 541,781
2020 Count 540,428
2023 Estimate (V2023) 535,733
2020 Estimate (V2023) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.5%
18 to 64 54.6%
65 and Older 19.7%
Gender
Male 48.8%
Female 51.2%
Place of Birth
Foreign 5.5%
US 94.5%
Education
High School Graduate, Age 25+ 92.5%
Bachelor's Degree or Higher, Age 25+ 34.6%
Computer and Internet use
Households with a computer 93.6%
Households with a broadband Internet subscription 89.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 27,960
Income
Per Capita Income $40,786
Median Household Income $68,360
People in Poverty 12.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 228,635
Average Household Size 2.32
Owner-Occupied 66.9%
Multi-Family 22.4%
Owner-Occupied Median Value $182,500
Median selected monthly owner costs -with a mortgage $1,405
Median selected monthly owner costs -without a mortgage $562
Median gross rent $956
Building Permits
New Private Housing Issued 2023 685
Years at Residence
1 Year or More 87.9%
Less Than 1 Year 12.1%
Business and Employment
Private non-farm Establishments 13,393
Private non-farm Employment 241,278
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 42,765
Number of Firms 48,524
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,034.38 per month $873.34 Principal & Interest $108.83 Property Tax $52.21 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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