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53-57 East Exchange Street
Akron, OH 44308
Asking Price
$450K
Asset Type
Storefront Retail
Class
Class B
What's Special
Multi-Family & Storefront in One Building!! - 12,144 sq ft <p><strong style="color: rgba(0, 0, 0, 1)">Prime Investment Opportunity – Mixed-Use Commercial Property with Strong Upside Potential! Don’t miss this exceptional mixed-use building featuring 7 residential row apartments (6 occupied and 1 vacant) and 3 commercial storefront units (2 Vacant/1 occupied, offering immediate income with significant value-add opportunity. Seller is currently collecting $3180/mo in rent monthly! </strong></p>
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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746
