16 Unit Townhouse Style Apartments For Sale

  • $790,000
56 Lindbergh St, Barberton, OH 44203, USA
Sold

16 Unit Townhouse Style Apartments For Sale

56 Lindbergh St, Barberton, OH 44203, USA
  • $790,000

Overview

  • Multifamily
  • Property Type
  • 2
  • Bedrooms
  • 1.5
  • Bathrooms
  • 8048
  • SF Per Building
  • 1975
  • Year Built

Description

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
  • Ownership also offering twinplex

Option to purchase with Duplex in Orrville

Location 1818-1819 Cloveridge Dr. Orrville, OH 44667

Quiet location.  Located south of  5 Points Rd and West of North Crown Hill Rd.  Close proximity to Smuckers and UA Wayne Campus.

Property Highlights

  • Building Size: 2,364 SF
  • Lot Size: .3056 AC
  • Unit Size: Approx. 1000 SF
  • Unit Config:  2 Bedroom 1 Bath
  • Built: Approx. 1986
  • Garage for each tenant
  • Annual Taxes: $2,275.30
  • Tenants pay all utilities and responsible for lawn maintenance.

Multifamily Portfolio Package Price: $955,000

This opportunity will not last long. For more information, please contact Patrick Powers and Stephen Powers, the Powers Brothers at Pappas Realty Co.

Property Documents

Offering Memorandum 16 Unit and Twinplex
  • Address 56 Lindbergh
  • City Barberton
  • State/county Ohio
  • Zip/Postal Code 44203

Details

Updated on August 2, 2021 at 6:05 pm
  • Price: $790,000
  • Property Size: 8048 SF Per Building
  • Land Area: 2 Acres
  • Bedrooms: 2
  • Bathrooms: 1.5
  • Year Built: 1975
  • Property Type: Multifamily
  • Property Status: Sold

Contact Information

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Patrick Powers
  • Patrick Powers