53-57 E Exchange Street | Akron
Prime Investment Opportunity \u2013 Mixed-Use Commercial Property with Strong Upside Potential! Don\u2019t miss this exceptional mixed-use building featuring 7 residential row apartments (6 occupied and 1 vacant) and 3 commercial storefront units (2 Vacant/1 occupied, offering immediate income with significant value-add opportunity. Seller is currently collecting $3180/mo in rent monthly! This well-positioned property provides a versatile investment opportunity for both seasoned investors and those looking to expand their portfolio. The residential component includes 5 currently rented apartments, generating steady cash flow, with 1 vacant unit ready for lease or owner occupancy. The remaining apartment offers additional flexibility depending on your strategy. The commercial portion consists of 3 storefront units, with 1 currently occupied and 2 vacant spaces, presenting an excellent opportunity to increase rental income and boost overall returns. With multiple income streams and vacancy upside, this property is ideal for investors seeking to stabilize and maximize value through strategic leasing. The mix of residential and commercial tenants provides built-in diversification and long-term growth potential. Whether you\u2019re looking to expand your portfolio, reposition an asset, or secure a multi-unit property with income already in place, this mixed-use building delivers opportunity and flexibility. Schedule your private showing today and explore the possibilities this investment property has to offer! MLSNow 5189854 Directions to property: 77N to Broadway St to Downtown. Once Downtown you will want to go to Exit 22/ Broadway St to University of Akron Location and then turn on E Exchange St.
Information deemed reliable but not guaranteed. Zid Realty & Associates is a member of the National Association of REALTORS® Equal Housing Opportunity