1953 Englewood Avenue
Akron, OH 44312
- – beds
- 2 baths
- 1,984 sqft
- ~1/2 acre lot
- $80 per sqft
- 1918 build
- – on site
**ATTENTION** **This is a residential structure, zoned commercial, and two additional residential lots. There is no kitchen or full bathroom, there are only offices and 2 half baths.** This is a great opportunity for a fantastic price! Perfect spot for a real estate team office, insurance office, mortgage office, etc! 1 residential home zoned commercial on the corner of Akers and Englewood, with 6-8 offices, waiting/reception area, small kitchenette, 2 bathrooms, covered porch, separate exterior access to 2nd-floor offices, and 6 parking spaces, plus 2 residential lots on E Market St. Great high traffic location, at the bottom of the I76 exit at the convergence of Market & Mogadore in Ellet. The structure is in great shape, the first floor was used as a mortgage office for 15+ years at $1600 per month, 2nd floor was used as the owner's personal office and never collected rent. Potential rent is upwards of $2500 monthly. On the first floor, there are three private offices, plus a waiting/reception area, an open fourth office, a small kitchenette, and a bathroom. 2nd floor: three private offices, reception area plus 4th open office and bathroom w/seperate exterior entrance. When turning onto Akers from Market, everything on your right side up to the corner of Akers and Englewood is included in the sale. Two residential lots are included at the rear of the subject. All desks, filing cabinets, and other furnishings are included in the sale. Mineral rights convey. The current owner receives a check of roughly $40-$45 a month for oil rights. The three lots combined are .3992 acres. Taxes are reflected for the combined lots. The owner handled all maintenance, snow plowing, and lawn care himself, so there is no record of costs for these items.
Last checked:
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Last updated Apr 11, 2024
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MLS# 5029979 —
Monthly cost estimate
Asking price
$159,900
| Expense | Monthly cost |
|---|---|
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$856
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| Taxes | $337 |
| Insurance | $43 |
| Utilities | $187 See report |
| Total | $1,423/mo.* |
| *This is an estimate |
Walk Score®
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Transit Score®
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Soundscore™
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/10/24
Apr 10, 2024
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Listed / Active | MLS_NOW | $159,900 |
45% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $6k above asking price on average, but some went as high as $19k over asking price.