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2615 Ellet Ave Akron, OH 44312

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16-unit apartment building in Ellet with value-add potential.

Property Features for 2615 Ellet Ave

General Information

Standard status
Active
Zoning
U-2

Building Details

Year built
1962

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Listing Contact
Julie Castner
Source: Crexi

Listing Agency: EXP Commercial, LLC - Dublin Listing Agent: Julie Castner

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Ellet Avenue Multifamily Investment Opportunity

This is a 16-unit, two-level apartment building constructed of solid brick, situated in the Ellet area. The unit mix includes 14 two-bedroom units and 2 one-bedroom units. Select units have been updated and include kitchen appliances and wall cooling units. Currently, 3 units are vacant and being marketed for rent. Four units are under a 1-year lease, while the remaining units are rented month-to-month. The property features a coin laundry on the ground level, providing additional income. A 100-gallon water heater and boiler are present. The roof was replaced in 2019. An asphalt parking lot provides ample parking space, and three sets of steps offer access to the second-floor units. The location provides access to a Metro bus stop, shopping, dining, and highway access.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Akron
County
Summit
State
Ohio
Longitude
-81.4358643
Latitude
41.0501445

FAQs

What type of property is this?
Apartment building - 16-unit apartment building in Ellet with value-add potential.
Where is this apartment building located?
The property is located at 2615 Ellet Ave Akron, OH.
What are key features of this property?
This property features: - 16-unit solid brick apartment building in the heart of Ellet.; - Attractive mix of 14 two-bedroom and 2 one-bedroom units.; - Recent updates include roof (2019), 100-gallon water heater, and boiler.
More about this property
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