1791 Manchester Road, Unit 1793

Akron, OH 44314

$68,500
Last Sold Price
4
Beds
1,800 Sq. Ft.
$38 / Sq. Ft.
1,800
Sq. Ft.
$38
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 7/9/21
Closed 7/9/21

Description

MTM tenants. Prevailing rents within 1.5 miles is $650 Median and $734 at 75th percentile. Assuming sale at list price ($75,200), $20K in renovations, Closing costs ($2,500), at actual Annual existing rents less actual Owner paid average water and sewer ($1,200) , taxes ($1,210), insurance ($816), maintenance ($1,200), and Admin ($400), the estimated ROI is approx. 8.5%. Assuming an increase in rents to prevailing rates (Annually $18,000), the ROI increases to 13.3%. Go ahead, include a vacancy factor...MTM tenants. Prevailing rents within 1.5 miles is $650 Median and $734 at 75th percentile. Assuming sale at list price ($75,200), $20K in renovations, Closing costs ($2,500), at actual Annual existing rents less actual Owner paid average water and sewer ($1,200) , taxes ($1,210), insurance ($816), maintenance ($1,200), and Admin ($400), the estimated ROI is approx. 8.5%. Assuming an increase in rents to prevailing rates (Annually $18,000), the ROI increases to 13.3%. Go ahead, include a vacancy factor -- still works. This is a "No Brainer", Ladies and Gentlemen. What are you actually waiting for?
  1. Listed by Christine Jarrell • All Access Realty
    P: (440)-413-0945 C: (440)-413-0945 chrisyj@allaccessclerealty.com

Property Details for 1791 Manchester Road, Unit 1793

Subdivision Name
Helfers Summit Lake View
LISTING UPDATED: 08/26/2023 04:11 PM

Property Details for 1791 Manchester Road, Unit 1793

StatusClosed
MLS #4286452
Days on Market7
Taxes$1,109 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1965
Lot Size0.10 AC / 4,477 SF
CountySummit County
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Location

Listing Courtesy of All Access Realty

Sold By Howard Hanna

Add your commute

Building Information for 1791 Manchester Road, Unit 1793

Stories1Residences2Year Built1965Building Size-Lot Size0.10 AC / 4,477 SF

Payment Calculator

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$434 per month

30 year fixed, 6.36% Interest

Principal and Interest

$341

Property Taxes

$92

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1791 Manchester Road, Unit 1793

Summary
Location and General Information
  • Directions: Use your GPS
  • Latitude: 41.050315
  • Longitude: -81.547678
  • Unit Number: 1793
Taxes and HOA
  • Parcel Number: 6857971
  • Tax Annual Amount: $1,109.00
  • Tax Legal Description: HELFERS SUM LK VIEW LOT 31 ALL LESS PT FOR ST
School Information
  • Elementary School District: Akron CSD - 7701
  • High School District: Akron CSD - 7701
  • Middle or Junior School District: Akron CSD - 7701
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached, Electricity, Garage, Paved
Property
Lot Information
  • Lot Size Acres: 0.1028
  • Lot Size Area: 0.1028
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 1800.0
  • Above Grade Finished Area Source: Assessor
  • Building Area Total: 1800.0
  • Living Area: 1800.0
  • Year Built: 1965
Building Features
  • Construction Materials: Aluminum Siding
  • Levels: One
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement: Full, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 2
  • Total Bedrooms: 4
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Main Level Bathrooms: 0
  • Total Rooms: 8
Exterior Features
  • Roof: Asphalt, Fiberglass
  • Stories: 1
Multi Family
Multi Family Information
  • Total Number of Units: 2
Unit Information
Unit 1
  • Actual Rent: $500.00
  • Area: 900.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Total Units: 1
Unit 2
  • Actual Rent: $600.00
  • Area: 900.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Total Units: 2
Rental
Rent Information
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable Tv, Electricity, Gas, Trash Collection

Property History for 1791 Manchester Road, Unit 1793

DateEvent & SourcePriceAppreciation
Jul 9, 2021

Sold

MLS Now #4286452

$68,500—
Jun 28, 2021

Contract Signed

MLS Now #4286452

—
Jun 21, 2021

Listed (Active)

MLS Now #4286452

$75,200—
DateEvent & SourcePrice
07/09/2021

Sold

MLS Now #4286452

$68,500
06/28/2021

Contract Signed

MLS Now #4286452

—
06/21/2021

Listed (Active)

MLS Now #4286452

$75,200

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

Schools near 1791 Manchester Road, Unit 1793

This home is within Akron City School District.
Rating
School
Type
Grades
Distance
Pfeiffer Elementary School
Public - K to 5
Innes Community Learning Center
Public - 6 to 8
Garfield High School
Public - 9 to 12
Akron Alternative Academy
Public - 9 to 12
Rating
School
Distance
Pfeiffer Elementary School
PublicK to 5

Innes Community Learning Center
Public6 to 8

Garfield High School
Public9 to 12

Akron Alternative Academy
Public9 to 12

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 All Access Realty

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