39 25Th St Barberton, OH 44203
- Apartment buildings
- 4,400 SF
- 0.14 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 39 25Th St
- Year built
- 1908
- Lot size
- 0.14 lot acres
- Property size
- 4,400 SF
- Property type
- Apartment buildings
Description
This exceptional 4,400 square foot apartment building, located at 39 25th Street NW in Barberton, OH, presents a truly turnkey investment opportunity. Situated on a 0.14-acre lot, this property has undergone extensive renovations, including complete plumbing upgrades, new windows, updated bathrooms and kitchens, fresh paint, and new flooring throughout all units. Deferred exterior maintenance has also been addressed, resulting in a revitalized building ready for immediate income generation. The property is currently managed by professionals who are actively marketing the units and securing tenants. Rent is projected at $850+ per month per unit, plus electricity. The current management team is willing to continue their services to ensure a smooth transition and assist with full occupancy. One recently approved applicant is a subsidized voucher-holder, with the Housing Authority confirming the rent rate's viability. The sale includes the option to transfer the existing property management services. This is a rare opportunity to acquire a well-maintained, high-performing apartment building with established rental income and a strong potential for future growth. The asking price is $545,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Barberton
- County
- Summit
- State
- Ohio
- Longitude
- -81.6313
- Latitude
- 41.009
