There will be online bidding for this auction. We are currently finishing the catalog. Please check back soon for online registration and bidding information.
Property Features:
Huge opportunity to own a well-maintained 4-unit brick apartment complex in the heart of Cuyahoga Falls.
• (4) 2-bedroom, 1-bath, living room units
• Currently one vacancy (has been renovated and ready to rent)
• Each unit is equipped with stove & refrigerator
• Separately metered electric, gas, water (each unit has gas F/A furnace, A/C, and H20 Tank)
• Common laundry area w/ coin washer and dryers (owned and will transfer)
• On property parking
Strong Rental Income And Renovations:
• Current rent roll: $5,800/month ($1,450/month each)
• Yearly: $69,600
• All four units have been renovated within last 2 years (#1 4/26, #2 9/26, #3 5/26, #4 7/24)
• 2 HVAC units have been replaced within last 4 years (#3 7/22, #4 6/25)
• Two hot water units have been replaced within last 2 years (#2 10/24, #4 1/26)
• Parking lot regraded and fresh gravel (3/25)
• New flooring in lobby area/stairs (26)
Location, Location, Location: Situated just off Graham Rd., Cuyahoga Falls/Stow area with dining, shopping & entertainment. Extremely well-maintained property, turnkey with a strong rental history! Summit County parcel #02-15185. Call today for details and to learn how to purchase this property at auction! Please respect tenants’ privacy. Units will be open 1 hour prior to auction for inspection.