459 Wooster Road NBarberton, OH 44203

459 Wooster Road NBarberton, OH 44203

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$600,000 Active
Commercial - Business MLS 5169913

Listed By

Agency Name: Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Agency Contact: 330-867-4266, crr.realestate@gmail.com

Shown By

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

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Property Description

This well-maintained 7-unit brick townhome complex is a fully stabilized, cash-flowing investment with strong in-place performance and upside potential. Each attached unit features 3 bedrooms, 1 full bath, a private full basement with individual furnace, hot water tank, and electrical panel, and both front and rear porches for added tenant appeal. Four units have been fully renovated in the last 18 months, and water is sub-metered, so tenants pay their own usage. Market rents are $1,000+ per unit, plus water/sewer, gas, and electric. This property was purchased in disrepair and has been thoughtfully restored and stabilized in both condition and tenancy. It will cash flow from day one, with professional property management in place and is currently 100% occupied, actively being marketed at market rate. The property is well-suited for both open-market and subsidized tenants, and has a history of long-term residents, reflecting its strong location and rental appeal. Management is willing to continue service through transition or can be replaced at buyer's discretion. Located on a main artery in the popular Akron suburb of Barberton, this property benefits from strong tenant demand and excellent accessibility. A smart addition to any portfolio or a great start for new investors seeking solid cash flow and long-term value.

459 Wooster Road N | MLS# 5169913

This commercial property located at 459 Wooster Road N, Barberton, OH 44203 is currently listed for sale with an asking price of $600,000. Wooster Road N is located within the Barberton City school district. Search Barberton real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Unfinished
Heating: Forced Air, Gas
Lot Size: 0.32 Acres
Taxes: $3,614 / year
Year Built: 1918

Feature Descriptions

Parcel#: 0107796
Sewer: Public Sewer
Water: Public

Local Schools

School District: Barberton City

Demographics

Summit County Demographic Information for 459 Wooster Road N, Barberton, OH 44203
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