Commercial Real Estate for Sale at 519 Crosby Street in Akron, OH for $775,000

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519 Crosby Street | Akron

$775,000 | 0.0 Sq. Ft.

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.\r\n\r\nPositioned 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.\r\n\r\nWith 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. MLSNow 5161552 Directions to property: Downtown Akron to 519 Crosby:\r\nHead northeast on King James Wy/S Main St\r\nAt the traffic circle, continue straight to stay on King James Wy/S Main St\r\nTurn left onto E Market St\r\nTurn left onto S Valley St\r\nTurn right onto Crosby St\r\n519 Crosby St, Akron, OH 44302

MLS Listing ID: 
MLSNow 5161552
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$775,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Akron
Address: 
519 Crosby Street, Akron, OH 44302
County: 
Summit
Latitude: 
41.0909360
Longitude: 
-81.5350540
Directions: 
Downtown Akron to 519 Crosby:\r\nHead northeast on King James Wy/S Main St\r\nAt the traffic circle, continue straight to stay on King James Wy/S Main St\r\nTurn left onto E Market St\r\nTurn left onto S Valley St\r\nTurn right onto Crosby St\r\n519 Crosby St, Akron, OH 44302
Public Remarks: 
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.\r\n\r\nPositioned 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.\r\n\r\nWith 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.
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Ely
Building Details
Details about the building on a property.
Year Built: 
1971
Living Area: 
0.0
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: 
Baseboard,Electric
Cooling System: 
Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.26
Lot Size (Area): 
0.26
Lot Features
Parking Type: 
On Site,Parking Lot
Public Record
Parcel Number: 
6826668
Annual Tax: 
$13,036.82
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
NEO Portfolio Property Management

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