$84,000
$91,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,607 SqFt
SOLD DATE : 05/20/2025
Key Details
Sold Price $84,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,607 sqft
Price per Sqft $52
Subdivision Vandalia Heights
MLS Listing ID 5109476
Sold Date 05/20/25
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 1,607
Year Built 1918
Annual Tax Amount $1,312
Tax Year 2024
Lot Size 5,005 Sqft
Acres 0.1149
Property Sub-Type Single Family Residence
Property Description
Prime Turnkey Rental Investment in Akron, OH! Seize this incredible opportunity to own a cash-flowing rental in the thriving city of Akron! Currently occupied with a tenant paying $1,042 per month on a secure lease through 5/31/25, this property boasts a strong 9%+ cap rate and nearly 10% cash-on-cash return based on the asking price. Recent upgrades, including new flooring, fresh paint, and modernized kitchen and bathroom enhancements, add to its long-term value and tenant appeal. Don't miss this hassle-free investment with immediate income potential!
Location
State OH
County Summit
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Driveway, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Three Or More, Two
Construction Status Updated/Remodeled
Schools
School District Akron Csd - 7701
Others
Tax ID 6726313
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Min W Zhang • REAFCO