1040 Berwin ST, Akron, OH 44310
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1040 Berwin ST, Akron, OH 44310
1040 Berwin ST, Akron, OH 44310
1040 Berwin ST, Akron, OH 44310
1040 Berwin ST, Akron, OH 44310
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$ 150,000
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1040 Berwin ST Akron, OH 44310

5 Beds

3 Baths

2,765 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,765 sqft

Price per Sqft $54

Subdivision Myers

MLS Listing ID 5260782

Bedrooms 5

Full Baths 3

Construction Status Fixer

HOA Y/N No

Abv Grd Liv Area 2,765

Year Built 1929

Annual Tax Amount $2,815

Tax Year 2025

Lot Size 4,917 Sqft

Acres 0.1129

Property Sub-Type Triplex

Property Description

Value-add investment opportunity in Akron's North Hill neighborhood! This spacious, legally recognized triplex offers approximately 2,800 square feet of living space with a total of 5 bedrooms and 3 bathrooms. Owned by the same owner for 32 years, the property is now completely vacant and ready for its next chapter. Featuring generously sized units, this property presents an excellent opportunity for an investor to make improvements and establish three separate rental income streams. Historically, the owner rented the second and third floors together to accommodate larger households, but the property offers the potential to operate as three individual rental units. The third floor features electric heat, while the second and third floors share a hot water tank. The property would benefit from cosmetic updates and general refreshing rather than a full-scale renovation. With no existing tenants to work around, the next owner has the flexibility to complete improvements and position the property for future rental income. Bring your vision and unlock the potential of this North Hill multifamily property!

PLEASE NOTE: End buyers only. No wholesalers or contract assignments permitted. Seller financing, subject-to financing, and other creative financing arrangements will not be considered. Cash and conventional financing offers welcome.

Location

State OH

County Summit

Rooms

Basement Full, Unfinished

Interior

Heating Electric, Forced Air, Gas

Cooling None, Wall Unit(s)

Fireplace No

Exterior

Parking Features On Street

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Fixer

Schools

School District Akron Csd - 7701

Others

Tax ID 6727062

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Michael L Magno • Keller Williams Living • 330-990-3744, michael@themagnogroup.com

NEARBY SCHOOL & BUSINESS

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Joseph Luckino

Joseph Luckino

Broker License ID: C2015005262

+1(740) 632-9111

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1040 Berwin ST