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2350 - 2352 Newton Street, Akron, OH 44305

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For Sale

$123,333

2 beds • 2 baths • 960 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $128.47
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Akron multi-family investment opportunity in Ellet Schools (Betty Jane, Hyre, Ellet)! Total of 6 units located in 3 buildings. MUST ALL BE PURCHASED TOGETHER AT A PRICE OF $370,000. Each 2 unit sits on an individual parcel of land. Every unit is 1 bedroom and 1 bathroom with in-unit laundry. Vaulted ceilings in the living room and bedroom help the units feel more spacious. Windows on all buildings have been replaced approximately 6 years ago. All furnaces have been replaced approximately 6-8 years ago. New roof (2025) on 2358/2356, roof on 2350/2352 roughly 8 years old and roof on 2354/2356 roughly 10 years old. Akron water/sewer bill is paid by the owner (Approx. $270 per month) and all 6 units are currently on one meter. Dumpster is shared with the 4 unit apartment next door- owner currently pays $50 per month for their half of the dumpster expense. All units have a wall or window mounted AC unit provided by the landlord. All units have a range and refrigerator provided by the landlord. Good off street parking available. Units produce a gross rent of $3,665 monthly ($43,980 per year) - currently being rented below market rate with great opportunity for cash flow growth. Unit 2354 is larger than the other units- but still consists of 1 bedroom, 1 bathroom. Lawncare currently provided by tenant. No snow removal provided. 2350 has a lease through March of 2026 and 2356 has a lease through November 2025. All other tenants are month to month. Addresses are 2350, 2352, 2354, 2356, 2358 and 2360 Newton St. Property must be sold to one owner- and at closing there will be deed restrictions that if any parcel is ever sold to individual buyers that water meters will be required to be split and metered for each parcel separately. See MLS attachments for more information.
MLS# 5126071

Courtesy Of Mosholder Realty Inc.

(330) 633-5536

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.13 Acres
  • Roof Type
    Asphalt
  • Rooms
    Laundry Room

Map and Directions

Directions to 2350 - 2352 Newton Street, Akron, OH 44305

Home seller CENTURY 21 Transcendent 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 Transcendent Realty

(330) 241-5370
Learn More About Us

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† 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.

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