Commercial Real Estate for Sale at 628, 634 \u0026 636 Sumner Street 6 Units in Akron, OH for $550,000

Listing data last changed 5/22/2025
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628, 634 \u0026 636 Sumner Street, 6 units | Akron

$550,000 | 0.0 Sq. Ft.

628, 634 \u0026 636 Sumner St, Akron, OH 44311 is located in the heart of downtown Akron. This multi-family property offers an exceptional investment opportunity. With a total of six filly rented units comprising 5,328 sq. ft. of finished residential space, FULLY RENTED with MONTHLY INCOME of $5,586 which is $67,032 Annually. This rental investment property includes two 2-bedroom units, three 3-bedroom units, and one 4-bedroom unit. The 3 duplexes comprise the 6 units and sit on 2 adjoining lots with a frontage of 102 feet on Sumner as well as the side has additional frontage on Thornton St with a depth of 95 feet, which affords the opportunity to provide several additional parking options with common area parking and off-street availability as well as several egress \u0026 ingress to accommodate proper off street parking for all of the residents.\r\n\r\nThe property is well-maintained and features forced air gas heating, central air cooling, and public water and sewer services. It also includes an unfinished basement and an asphalt/fiberglass roof. Monthly rent is $5,650 and Annual gross rent is $67,800 with Landlord amount this year due to updating \u0026 installing new flooring, painting and showing, and marketing the property at $52,976, with total expenses this year to update and all expenses at $22,291, including management, maintenance, utilities, trash, and lawn/snow care, and upgrading the units. The property\u2019s proximity to downtown and its location offer renters easy access to shopping, amenities, and public transportation, Akron University, easy access to Rt 8 and I-76 make the property highly desirable for urban living.\r\n\r\nThis property is ideal for investors seeking reliable cash flow and potential growth. For more information or to schedule a private showing, please contact your favorite Real Estate Agent. Don\u2019t miss this chance to own a prime income-generating property in Akron! MLSNow 5089431

Directions to property: Johnston St to Kling St to E Thornton St to Sumner. Corner of Sumner and Thornton.

MLS Listing ID: 
MLSNow 5089431
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$550,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Akron
Address: 
628, 634 \u0026 636 Sumner Street, 6 units, Akron, OH 44311
County: 
Summit
Latitude: 
41.0661556
Longitude: 
-81.5151213
Directions: 
Johnston St to Kling St to E Thornton St to Sumner. Corner of Sumner and Thornton.
Public Remarks: 
628, 634 \u0026 636 Sumner St, Akron, OH 44311 is located in the heart of downtown Akron. This multi-family property offers an exceptional investment opportunity. With a total of six filly rented units comprising 5,328 sq. ft. of finished residential space, FULLY RENTED with MONTHLY INCOME of $5,586 which is $67,032 Annually. This rental investment property includes two 2-bedroom units, three 3-bedroom units, and one 4-bedroom unit. The 3 duplexes comprise the 6 units and sit on 2 adjoining lots with a frontage of 102 feet on Sumner as well as the side has additional frontage on Thornton St with a depth of 95 feet, which affords the opportunity to provide several additional parking options with common area parking and off-street availability as well as several egress \u0026 ingress to accommodate proper off street parking for all of the residents.\r\n\r\nThe property is well-maintained and features forced air gas heating, central air cooling, and public water and sewer services. It also includes an unfinished basement and an asphalt/fiberglass roof. Monthly rent is $5,650 and Annual gross rent is $67,800 with Landlord amount this year due to updating \u0026 installing new flooring, painting and showing, and marketing the property at $52,976, with total expenses this year to update and all expenses at $22,291, including management, maintenance, utilities, trash, and lawn/snow care, and upgrading the units. The property\u2019s proximity to downtown and its location offer renters easy access to shopping, amenities, and public transportation, Akron University, easy access to Rt 8 and I-76 make the property highly desirable for urban living.\r\n\r\nThis property is ideal for investors seeking reliable cash flow and potential growth. For more information or to schedule a private showing, please contact your favorite Real Estate Agent. Don\u2019t miss this chance to own a prime income-generating property in Akron!
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Voris
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1889
Living Area: 
0.0
Basement: 
Unfinished
Construction
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.25
Lot Size (Area): 
0.25
Lot Features
Parking Type: 
Additional Parking,Common,Off Street
Fence: 
None
Public Record
Parcel Number: 
6746647
Annual Tax: 
$9,198.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Lesa Lillibridge
Listing Co-Agent Name: 
Brent Chervenic
Listing Office Name: 
Keller Williams Chervenic Rlty
Listing Co-Office Name: 
Keller Williams Chervenic Rlty

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