246 5th St. NW is a fully leased 7-unit apartment community! The building consists of 7 (1) bedroom / (1) bathroom units with uncovered parking to the side of the building. All 7 units have been renovated by current ownership. Each unit is separately metered for gas/electric. Beautifully decorated kitchens, bath fixtures, new flooring, fresh paint and appliances throughout. Further information can be disclosed once a CA is signed!
246 5th Street NW is located at the corner of 5th Street and Lake Anna Court. which is walking distance to Lake Anna. Barberton City has a complex array of streets for homes, churches, schools, and commercial business districts located in Summit County directly Southwest of Akron. The city, which is planned around Lake Anna, is a place to call home; perfect for investors looking to retain long term tenants.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.