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$ 715,000
Est. payment | /mo
0.26 Acres Lot
$ 715,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Ely
MLS Listing ID 5161552
HOA Y/N No
Year Built 1971
Annual Tax Amount $13,036
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Apartment
Property Description
519 Crosby is a thirteen-unit apartment building offering strong rental demand and excellent long-term upside. The property is made up of one-bedroom apartments, a unit type that consistently leases well in Akron. Several apartments have already been updated with new flooring, cabinetry, paint, and appliances, while the remaining units provide a clear opportunity for a new owner to continue renovations and capture additional value growth.
Positioned between downtown Akron and Highland Square, tenants enjoy easy access to restaurants, shopping, cultural amenities, major employers, and highways. This desirable location keeps occupancy strong and ensures steady demand from both students and professionals.
With in-place income, on-site parking, and a straightforward path for further improvements, 519 Crosby offers investors immediate returns with significant value-add potential. This property is a smart addition for any portfolio seeking both cash flow and appreciation in a proven rental market.
Positioned between downtown Akron and Highland Square, tenants enjoy easy access to restaurants, shopping, cultural amenities, major employers, and highways. This desirable location keeps occupancy strong and ensures steady demand from both students and professionals.
With in-place income, on-site parking, and a straightforward path for further improvements, 519 Crosby offers investors immediate returns with significant value-add potential. This property is a smart addition for any portfolio seeking both cash flow and appreciation in a proven rental market.
Location
State OH
County Summit
Interior
Heating Baseboard, Electric
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Site, Parking Lot
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Akron Csd - 7701
Others
Tax ID 6826668
Special Listing Condition Standard
Listed by Ellana Gonzalez • NEO Portfolio Property Management • 614-768-7200, contact@allcountyneo.com
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "