2256 Maryland AvenueAkron, OH 44314

2256 Maryland AvenueAkron, OH 44314

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$309,900 Contingent
Multi Unit - Multiple MLS 5170059 Contingent
8 beds 4 full baths 2,496 sqft

Listed By

Agency Name: Berkshire Hathaway HomeServices Stouffer Realty
Agency Contact: schmitt67@hotmail.com, 330-606-9934

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Solid, money- making, 4-unit brick, income- producing property in a desirable area! One owner for the past 27 years, long term tenants and numerous updates over the years make this a great investment! Updates: windows and glass block in 2007, some hot water tanks within the past 5 years and various: paint, cabinets, countertops, fixtures and flooring. Each unit is 2- bedrooms/ 1- bath. There are two units on the first level and two units on the second level, which feature rear sliding doors that open onto a deck as well as a front deck that spans the entire length of the building. There are some minor improvements that may need done. Come and take a look! The seller is a long-term investor that is willing to work with a buyer to get the property sold. Owner pays water/sewer/trash and tenants pay everything else. This property is located on a nice quiet street in an established neighborhood.

2256 Maryland Avenue | MLS# 5170059

This multi-family property located at 2256 Maryland Avenue, Akron, OH 44314 is currently listed for sale with an asking price of $309,900. Maryland Avenue is located within the Akron City school district. Search Akron real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Other
Days on Market: 113
Heating: Forced Air, Gas
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,521 / year
Year Built: 1966

Amenities

Laminate Counters
Balcony

Feature Descriptions

Appliances: Range
Exterior: Brick
Laundry: None
Lot: Corner Lot, City Lot
Parcel#: 6800449
Parking: Additional Parking, Driveway, Gravel
Patio/Porch: Balcony
Sewer: Public Sewer
View: Trees/Woods
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 2256 Maryland Avenue, Akron, OH 44314
Fips
Fips Code 39153
Population
2020 to 2023 Change down 0.9%
2010 Count 541,781
2020 Count 540,428
2023 Estimate (V2023) 535,733
2020 Estimate (V2023) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.5%
18 to 64 54.6%
65 and Older 19.7%
Gender
Male 48.8%
Female 51.2%
Place of Birth
Foreign 5.5%
US 94.5%
Education
High School Graduate, Age 25+ 92.5%
Bachelor's Degree or Higher, Age 25+ 34.6%
Computer and Internet use
Households with a computer 93.6%
Households with a broadband Internet subscription 89.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 27,960
Income
Per Capita Income $40,786
Median Household Income $68,360
People in Poverty 12.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 228,635
Average Household Size 2.32
Owner-Occupied 66.9%
Multi-Family 22.4%
Owner-Occupied Median Value $182,500
Median selected monthly owner costs -with a mortgage $1,405
Median selected monthly owner costs -without a mortgage $562
Median gross rent $956
Building Permits
New Private Housing Issued 2023 685
Years at Residence
1 Year or More 87.9%
Less Than 1 Year 12.1%
Business and Employment
Private non-farm Establishments 13,393
Private non-farm Employment 241,278
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 42,765
Number of Firms 48,524
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,895.81 per month $1,512.00 Principal & Interest $293.42 Property Tax $90.39 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage