389 Sherman St, Akron OH 44311 Photo 1 389 Sherman St, Akron OH 44311 Photo 2 389 Sherman St, Akron OH 44311 Photo 3 389 Sherman St, Akron OH 44311 Photo 4

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389 Sherman St - THIS IS AUCTION #2 - Attention Investors And Builders - (4) Apartment Buildings (22+ Units) And Vacant Lots - 2 Blocks From University of Akron - ABSOLUTE AUCTION, all sells to the highest bidders on location: Thursday – November 17, 2016 – 12:00 PM Noon – Auction #2 – 389 Sherman St. (8 Unit) 8 garden-style units (1 studio and 7, 1-bedroom units) – built around 1983 all brick – Summit Co. parcel #6717920 – Current rent is $525/month/unit and studio pays $385, tenants pay electric – currently all full – paved parking for 12+ cars. *Auction Note: Will not be sold as entirety – All properties sold separate. *Terms On Real Estate: 15% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. All units will be sold from one location at 436 Sumner St., Akron, OH. - MLS #'s for the other auctions are as follows: Auction 1 MLS #3853989, Auction 2 MLS #3853998, Auction 3 MLS #3854012, Auction 4 MLS #3853949, Auction 5 MLS #3854021, Auction 6 MLS #3854024.

Listing information

  • MLS® ID: 3853998
  • Status: Sale Pending
  • New Construction: No
  • Estimated Annual Taxes: $6,270
  • Style: Commercial
  • Stories: 0
  • Special Considerations: Auction
  • County: Summit
  • Year Built: 1983
  • Parking Type Description: None 0 cars
  • Lot Area: 0.22

Features

Assessments Y/N Yes
Homestead Exemption Y/N No
Other Num Of Apartments Total - 8
Possession Time of Transfer
Property Subtype Apartment
Listing Courtesy of Kiko