Kiko Auctions Logo
Realtors • Auctioneers • Advisors
NAMEADDRESSAUCTION PRICE
Auction #1 Seven Units 583 W Lake St 236 Lake Anna Ct
Barberton, OH 44203
$354,200.00
Auction #2 Six Unit 233 thru 243 Lake Anna Ct 247 5th St NW
Barberton, OH 44203
$303,600.00
Auction #3 Duplex 577 & 579 W Lake Ave
Barberton, OH 44203
$165,000.00
Auction #4 Three Unit 173 21st St NW
Barberton, OH 44203
$151,800.00
*1 583 W Lake St 236 Lake Anna Ct
Barberton, OH 44203
$354,200.00
*2 233 thru 243 Lake Anna Ct 247 5th St NW
Barberton, OH 44203
$303,600.00
*4 173 21st St NW
Barberton, OH 44203
$151,800.00


Well Maintained Multi-Family Buildings

Thursday, May 12, 2022 - 12:00 PM   -   Real Estate Sells at: 12:00 PM
Slideshow
Gallery
       
previous photonext photo
previous photonext photo
Photo 1 of
use left and right arrows on your keyboardswipe left and right for next and previous photo
auction flyer
auction map
Exciting Investment Opportunity
Well Maintained Multi-Family Buildings
$139,000 Gross Annual Income
Buy 1 Or All
Barberton, OH – Barberton Schools – Summit County
On-Site & Online Bidding Available
Absolute auction, all sells to the highest bidders. Location:
583 W. Lake St., Barberton, OH 44203
Directions: From Akron, OH take RT 224 west of I-77 to the Barber Rd. exit (#16), then turn south (Barber Rd. turns into 4th St.) to W. Lake Ave., then turn west to main auction location.
online auction link


OPEN HOUSE AT 10:00 AM DAY OF AUCTION

AUCTION #1: 7 UNITS TOTAL – 4 BUILDINGS
583 W. LAKE ST.:
Parcel #0110959. Brick 3-unit apartment building built in 1915 with 2,589 SF living area. (1) 2-bedroom, 1-bath unit and (2) 1-bedroom, 1-bath units. Detached single-car garage. Gross rent is $20,700 annually. Owner pays electric, gas, water, sewer, and trash. Current taxes are $849.69 per half year. Gas furnace. Unit #1 has as basement with laundry hookups.
236 LAKE ANNA CT.: Parcel #0110958. Shiplap sided houses. 3 houses, 1 is a duplex. Built in 1918 with approx. 5,403 SF living area. (3) 3-bedroom, 1-bath units and (1) 1-bedroom, 1-bath unit. Gross rent is $33,300 annually. 40’ x 242’ lot. Owner pays water, sewer, and trash. Current taxes are $1,664.50 per half year. Gas furnace. All units have a basement with laundry hookups except unit 240 1/2.
Combined gross annual rent is $54,000.

AUCTION #2:
233 LAKE ANNA CT.:
Parcel #0104222. Brick 6-unit apartment building built in 1900 with approx. 8,472 SF living area. 40’ x 122’ lot. (6) 2-bedroom, 1-bath units. Gross annual rent is $47,640. Owner pays water, sewer, and trash. Current taxes are $2,199.73 per half year. Gas furnace. All units have basement and laundry hookups.
247 5TH ST.: Parcel #0110166. 73’ x 74’ parking lot for the 6-unit. Current taxes are $96.38 per half year.

AUCTION #3:
577 & 579 W. LAKE AVE.:
Parcel #0104221 and #0104223. Brick duplex with 2,618 SF living area. Built in 1909. 40’ x 119’ lot. (1) 3-bedroom, 1-bath unit and (1) 3-bedroom, (2)-bath unit. Gross annual rent is $16,020. Owner pays water, sewer, and trash. Current taxes are $1,129.42 per half year. Gas furnace. Both units have a basement with laundry hookups.

AUCTION #4:
173 21ST ST.:
Parcel #0112293. 3-unit apartment building with 2,752 SF living area. Built in 1929. 50’ x 126’ lot. (2) 2-bedroom, 1-bath units, and (1) 1-bedroom, 1-bath unit. 3-car garage used by unit C. Gross annual rent is $21,180. Owner pays for the following in units A & C: electric, water, gas, sewer, and trash. Current taxes are $1,067.05 per half year. Gas furnace. All units have a basement with laundry hookups except Apt. C.

AUCTIONEER’S NOTE: Good rental history and very well maintained. Current gross annual income is approx. $138,840. Great opportunity to invest in tangible assets. PLEASE DO NOT BOTHER THE TENANTS! Open house will be auction day starting at 10:00 AM. All units to be sold from auction #1 location.
Continue Reading
Real Estate Terms
10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be offered as a Multi Par auction and sold whichever way it brings the most.
Sign up to learn about upcoming auctions and KIKO news.
Auction Team
Jack W Kiko
Jack W Kiko,
Auctioneer/Realtor
330-455-9357 ext 163
John D. Kiko
John D. Kiko,
Auctioneer/Realtor
330-455-9357 ext 122


Views: 3,983
Related KIKO Auctions
July 20 - 1:00 PM

Louisville, City of Louisville, OH
Brick Duplex
July 28 - 12:00 PM

Akron, City of Akron, OH
Four Income-Producing Properties
July 14 - 12:00 PM

Canton, City of Canton, OH
9,544 SF Commercial Building
August 02 - 4:30 PM

Jamestown, South Shenango Township, PA
74-Acre Farm - Farm Misc. – Household - Furniture
See all KIKO
For Sale Listings here



KIKO CANTON Office
2722 Fulton Dr NW
Canton, OH 44718-3507

Office: 330-453-9187
Toll Free: 800-533-5456
Fax: 330-453-1765
KIKO DOVER Office
320 N. Wooster Ave. Suite D
Dover, OH 44622

Office: 330-343-7355
Toll Free: 800-533-5456
Fax: 330-364-3192
MLS Logo Equal Housing Logo
National Assocciation of Auctioneers Logo
The inclusion of advertising, logos or website links on this website does not constitute an endorsement by the KIKO Auctioneers or its affiliate companies of the products or services so advertised.

©2019 Website, KIKO Logos and "KIKO" are registered trademarks. All Rights Reserved.