1280 Lockwood Road

Barberton, OH 44203

$350,000
Last Sold Price
9
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Closed 11/14/24
Closed 11/14/24

Description

With potential income of approximately $5,000 per month and a motivated seller, this is a unique opportunity to invest in three separate homes on 11 acres of land! Whether you're searching for a family compound or a revenue stream in a desirable tourist area, this fully occupied property is one to see. All tenants are month-to-month, currently generating $2,875 in monthly income with potential for higher returns. Enjoy free gas with mineral rights that will convey, along with a fantastic location...With potential income of approximately $5,000 per month and a motivated seller, this is a unique opportunity to invest in three separate homes on 11 acres of land! Whether you're searching for a family compound or a revenue stream in a desirable tourist area, this fully occupied property is one to see. All tenants are month-to-month, currently generating $2,875 in monthly income with potential for higher returns. Enjoy free gas with mineral rights that will convey, along with a fantastic location with a country setting near Portage Lakes with fishing and boating, hiking, great restaurants and easy highway access. This is a rare find you don't want to miss—schedule your showing today! Selling As-Is.
  1. Listed by Jose Medina • Keller Williams Legacy Group Realty
    P: (330)-595-9811 C: (330)-595-9811 jose@josesellshomes.com

Property Details for 1280 Lockwood Road

Subdivision Name
Anna Dean Farms
Has Waterfront
No
LISTING UPDATED: 11/19/2024 08:57 PM

Property Details for 1280 Lockwood Road

StatusClosed
MLS #5076720
Days on Market20
Taxes$7,026 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1942
Lot Size11.07 AC / 482,209 SF
CountySummit County
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Location

Listing Courtesy of Keller Williams Legacy Group Realty

Sold By Gem Real Estate Assoc., Inc.

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Building Information for 1280 Lockwood Road

Stories1Residences-Year Built1942Building Size-Lot Size11.07 AC / 482,209 SF

Payment Calculator

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$2,330 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,744

Property Taxes

$586

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1280 Lockwood Road

Summary
Location and General Information
  • Directions: Take East Turkeyfoot Lake Road to State St in New Franklin. Continue on State St. Drive to Lockwood Rd
  • Latitude: 40.996248
  • Longitude: -81.569149
  • Township: Coventry Twp
Taxes and HOA
  • Parcel Number: 1900581
  • Tax Annual Amount: $7,026.00
  • Tax Legal Description: TR 14 LOT 3 SUB 36 ANNA DEAN FARMS 11.210A
  • Tax Year: 2023
School Information
  • Elementary School District: Coventry LSD - 7704
  • High School District: Coventry LSD - 7704
  • Middle or Junior School District: Coventry LSD - 7704
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
Property
Lot Information
  • Lot Size Acres: 11.07
  • Lot Size Area: 11.07
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Year Built: 1942
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Brick, Vinyl Siding
  • Levels: One, Two
  • Number of Buildings: 3
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Basement: Full
  • Has Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 5
  • Total Bedrooms: 9
  • Cooling: Central Air, Ceiling Fans, Window Units
  • Has Cooling: Yes
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: In Unit
  • Main Level Bathrooms: 0
  • Total Rooms: 5
Exterior Features
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Private Pool: No
  • Roof: Asbestos Shingle
  • Stories: 1
Unit Information
Unit 1
  • Actual Rent: $600.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: Month to month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Three Bedroom
Unit 2
  • Actual Rent: $725.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Month to month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $1,275.00
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Description: Month to month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Four Bedroom Or More

Property History for 1280 Lockwood Road

DateEvent & SourcePriceAppreciation
Nov 14, 2024

Sold

MLS Now #5076720

$350,000—
Oct 28, 2024

Contract Signed

MLS Now #5076720

—
Oct 9, 2024

Listed (Active)

MLS Now #5076720

$395,000—
DateEvent & SourcePrice
11/14/2024

Sold

MLS Now #5076720

$350,000
10/28/2024

Contract Signed

MLS Now #5076720

—
10/09/2024

Listed (Active)

MLS Now #5076720

$395,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1280 Lockwood Road

Taxable ValueLand$22,400Additions$62,020Total$84,420
Tax Record2021$6,831 ($569 / month)
Home Facts
Baths2Total Finished SqFt1,772 SqFtAbove Grade Finished SqFt1,772 SqFtUnfinished Basement SqFt374 SqFtStories1Lot Size482,209 SqFtStyleMiscellaneous CommercialYear Built1942CountySUMMITAPN19-00581

Schools near 1280 Lockwood Road

This home is within Coventry Local School District.
Rating
School
Type
Grades
Distance
Coventry Middle School
Public - 5 to 8
Coventry High School
Public - 9 to 12
Turkeyfoot Elementary School
Public - K to 4
St. Francis DeSales School
Private - PK to 8
Rating
School
Distance
Coventry Middle School
Public5 to 8

Coventry High School
Public9 to 12

Turkeyfoot Elementary School
PublicK to 4

St. Francis DeSales School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Legacy Group Realty

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