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220-222 Nieman Street, Akron, OH 44305

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For Sale

$62,500

6 beds • 3 baths • 2,022 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $30.91
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

AS IS Investment opportunity with occupants currently in two of the units. This 3 unit property near Summa Hospital is made up of 2 buildings. One building (222 Nieman) has two units with one unit on each floor. The upstairs unit has a private exterior staircase to access the 2 bedroom one bath apartment. The kitchen includes a range and refrigerator which will transfer to the buyer. The upstairs unit is month to month and rents for $440 per month and the tenant pays all utilities (gas, electric, water, sewer, trash) and has been at the property since January 2025, although he previously rented here as well. The first floor unit at 222 is also a 2 bedroom, 1 bathroom with a kitchen that includes a range and refrigerator that will transfer to the buyer. The first floor is also month to month and rents for $475 and pays all utilities (gas, electric, water, sewer, trash) and has been at the property for 4+ years. There is also a basement with exterior access at the rear of the building which has laundry hookup. The small house out back (220 Nieman) is a 2 bedroom, 1 bath property with full basement that includes washer/dryer hookup. Both properties are in need of work and are priced accordingly, but they provide a great opportunity to build equity and add a third tenant. The small house in the back is currently vacant but believed to previously be rented out for $500. The first floor tenant takes care of the yard maintenance. All utilities are separate. The furnaces are believed to be less than 10 years old, Hot Water Tanks around 7-8 years old and roofs believed to be in the past 10-12 years. All ages are estimated and not guaranteed. Property being sold AS IS.
MLS# 5171824

Courtesy Of Mosholder Realty Inc.

(330) 633-5536

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Fireplace
    Fireplace
  • Lot Size
    0.13 Acres
  • Roof Type
    Asphalt
  • Rooms
    Laundry Room

Map and Directions

Directions to 220-222 Nieman Street, Akron, OH 44305

Home seller CENTURY 21 Carolyn Riley Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Carolyn Riley Realty

(330) 867-4266
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.