720 E Glenwood Avenue
Akron, OH, 44310 $ 375,000
Baths0.0 Monthly Estimate*
$ 2,492
Studio
for $375,000. This home was built in 1960 on a lot size of 0.335.
2 story building, vacant 1st floor of 2296 sq ft consists of large front room 18x28, kitch/workroom 13x15, office 11x14, hallway (wide enough for shelving & walkway) 16x5.6, back room 19x22.6, addl storage room 19x15.6, 2 bathrooms, 1 w/sink & toilet, 1 w/sink & shower. Lots of possibilities for business and/or reconfiguring the floor plan. Upstairs are 3 apartments, w/secure front & back entrances, plus an entrance from 1st floor business. One apt rented to same tenant for 30 years, 2nd rented and third is vacant. All 3 apts had recent updates which include new furnaces, painting, refin hardwood floors, new flooring, newer stove and fridge, updated kitchen and bath. Sellers have rented on MTM basis in case buyer wants to get own tenants or live upstairs & have business downstairs - talk about convenient and saving gas!! 2 apartments are 1-bedroom & approx 426 sqft, 3rd apt is 2-bedrooms, approx 639 sqft. Each apt has it's own furn/C/A and electric box. Common laundry area 1st fl. Seller currently pays gas/heat, water/sewer & trash, tenants pay electric. 1st fl furn 8+ yrs, 120-gal H20 7+ yrs, vinyl siding 13 yrs, roof 6 yrs, shed, small backyard with privacy fence for tenant use. Technically 2 parking lots, one w/4 tenant spots & 2 business spots, 2nd parking lot with approx 24 more spots that has been rented to neighboring businesses in the past (additional income!). Easy to show, occupied apts on 2nd showing.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession DeliveryOfDeed Negotiable
Roof Asphalt Fiberglass
Year Built 1960
Township Akron
Property SubType MixedUse
Tax Year 2023
Community Features LaundryFacilities
Additional Parcels Description 6743668 6743673
County Summit
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features Lunchroom PrivateRestrooms
Status Pending
Directions Corner of E. Glenwood Ave and Nevin Ave one building south of Tallmadge Ave across the street from former Louie's Bar and Grill behind North Hill Doughnuts.
City Akron
Disclosures PrincipalisRealEstateLicensed
View Y/N N
Senior Community Y/N N
High School District Akron CSD - 7701
Zoning Description Commercial
Total Units 4
Waterfront Y/N N
Carport Y/N N
Street Name Glenwood
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4787.58
Home Warranty Y/N N
Water Sewer Expense 105.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 1
Building Area Units SquareFeet
Standard Status Pending
Occupancy Type Tenant
Middle/Junior School District Akron CSD - 7701
Elementary School District Akron CSD - 7701
Year Built Source PublicRecords
Property Sub Type Additional MixedUse
Legal Description BREEN MC CAUSLAND LOT 103 ALL E GLENWOOD AVE
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InteriorBasement None
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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ExteriorFencing BackYard Full Gate Privacy
Parking Features AdditionalParking Asphalt Concrete DirectAccess OnSite Outside Paved ParkingLot
Water Source Public
Total Parking 30.0
Lot Size Area 0.335
Number of Buildings 1
Spa N
Building Area Total 4592.0
Lot Size Acres 0.335
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByDebbie SpencerListing Agent
Keller Williams Chervenic RltyBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,492
- Monthly Property Taxes
- $399
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyAbout Akron, OH 197,026 Population
-9% Since 2002
$ 35,547 Median Income
36.97 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457648 Elementary School
4457391 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/16/2024 | $375,000 | | Listed Price |