16 Unit Townhouse Style Apartments Under Contract within 6 Days of hitting the market!
56 & 66 Lindbergh St. Barberton, OH 44203
Its official, the multifamily market is ON FIRE! This gem of a property in Barberton, OH was on the market for 6 days! Nearly 10 offers later, the property is under contract.
This apartment building has so much to offer. Located on nearly 2 Acres of land, the property has potential for more units! Low maintenance for the exterior of the property with a new roof, vinyl siding, resurfaced pavement and newer windows. Upside potential in the rental income! Read below some of the the facts about this investment…
Rare Offering – Well Maintained Townhouse Apartments For Sale
Location – 56 & 66 Lindbergh St. Barberton, OH 44203
Townhouse Apartments For Sale – 56 & 66 Lindbergh St. Barberton, OH 44203 is located just South of Wooster Rd. W on the West side of Lindbergh St. Located in a private setting on a quiet street, the Lindbergh Apartments consist of 2 Bedroom 1 1/2 Bath Townhouse Style apartments. This well maintained property provides an investor with substantial upside and the ability to improve the property over time.
BONUS LAND – DEVELOP MORE UNITS
This large, 2 Acre Parcel is zoned RM-18 Multifamily with permitted density of 18 Units / Acre. BONUS LAND offers the ability to development more units! Close proximity to food, shopping, entertainment and more! Rare opportunity to purchase a well maintained, Townhouse style apartment complex, with room to grow in the Greater Akron area.
Property Highlights – 16 Unit Townhouse Style Apartments
- Building Size: 8,048 SF / Building
- Lot Size: 2 Acres
- Unit Size: Approx. 1000 SF
- Unit Config: 2 Bedroom 1 1/2 Bath
- Built: Approx. 1975
- Townhouse Style Apartments
- Ample Parking
- Tenants Pay All Utilities
- Upside Potential Rental Income
- Gross Potential Income @ Market Rents = $141,360
Investment Property in Greater Akron is an asset that is in HIGH DEMAND.
Our tried and true formula for selling investment real estate is a sure fire way to create activity, get the highest price for your commercial building and create a successful transaction for both you and the buyer! You might even have fun during the process! If you own apartments in the area and you want commercial real estate agents that will not only sell the property for you but create activity and value, consider calling the Powers Brothers at Pappas Realty Co.