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Four Income-Producing Properties

Thursday, July 28, 2022 - 12:00 PM   -   Real Estate Sells at: 12:00 PM
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Investment Homes
Four Income-Producing Properties
Two Single Family – Two Duplexes – Sold Separately
Akron City – Summit County
Online Bidding Available
Absolute auction, all sells to the highest bidders.
736 Raymond St., Akron, OH 44307
Directions: Near Akron Zoo between Euclid Ave. and Vernon Odom Blvd.
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AUCTION #1: 116 W. LONG ST., AKRON, OH 44301 – Parcel No. 6834165 – Five-bed, one-bath home featuring newer carpet, central air, and a recently updated kitchen and bathroom. Finished attic. Built in 1913 with 1,687 SF on .15 acres. Half year real estate taxes are $313.98.

AUCTION #2: 736 RAYMOND ST., AKRON, OH 44307 – Parcel No. 6725436 – Duplex featuring new boiler in 2020, with possible third unit. Built in 1914 with 1,640 SF on .16 acres. Half year real estate taxes are $369.80. Bottom tenant pays $500 per month, top tenant pays $600 per month, owner pays all utilities.

AUCTION #3: 721 MALLISON AVE., AKRON, OH 44307 – Parcel No. 6713520 – Duplex featuring newer roof, siding, and furnace in last 10 years. Built in 1913 with 2,029 SF on .15 acres. Half year real estate taxes are $359. Bottom tenant pays $500 per month, top tenant pays $625 per month. Owner pays water & sewer; tenant pays electric & trash.

AUCTION #4: 426 BARTGES ST., AKRON, OH 44307 – Parcel No. 6823791 and 6832459 – Three-bed, one-bath home with newer windows and extra lot. Built in 1914 with 1,308 SF on .10 acres. Half year real estate taxes are $329.50. Tenant pays $550 per month and all utilities. (Both parcels in AUCTION #4 selling as an entirety.)

AUCTIONEER’S NOTE: Good rental history. Owner is downsizing portfolio in preparation for retirement. Properties will be open for viewing auction day starting at 10:30 AM. They will be sold bidders choice to the highest bidders from AUCTION #2 location. For questions, contact auctioneer.
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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 sold as Separate Parcels, Bidder’s Choice, and not to be offered as an Entirety.
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Auction Team
Jack W Kiko
Jack W Kiko,
Auctioneer/Realtor
330-455-9357 ext 163
Gabe Cozy
Gabe Cozy,
Realtor
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