Don’t miss this fantastic opportunity to own a fully occupied 4-unit building in Akron. This property boasts steady rental income and is a perfect addition to your portfolio. Each unit is designed to attract long-term tenants, with practical layouts and reliable features. The building is low-maintenance with durable vinyl siding, offering investors peace of mind and reduced upkeep costs. Conveniently located near amenities, transportation, and local attractions, it’s an ideal rental property for continued success. This property can also be purchased as part of a 4-home portfolio, providing even more potential for diversification and growth. Take advantage of this income-producing opportunity today!
Uncover a remarkable investment opportunity w/ a rare ability to snag not one but TWO captivating single-family homes (7 bedrooms total!) on the same property- a true gem for savvy investors seeking to expand their portfolio! This income generating property includes a front house boasting 5 bedrooms & a full bathroom while the back house offers bedrooms & a full bathroom. Expensive updates in both homes include- remodeled kitchen boasting brand new stainless appliances, new soft-close Shaker cabinets, a stylish tile backsplash, modern hardware, & an abundance of stunning, new quartz countertops, plus a new undermount sink & faucet. Both bathrooms feature new vanity, modern light fixtures, new flooring & stunning shower w/ new tile & hardware. Both houses on this property have been thoughtfully updated w/ new flooring throughout, brand new furnaces & AC units, ensuring a cozy environment year-round & reducing future maintenance costs. The new roofs overhead promise durability & peace of mind for years to come, while new vinyl replacement windows enhance energy efficiency & provide a bright, airy feel throughout the living spaces. The rear house has recently had its hot water tank replaced as well as new plumbing, new electrical wiring & new panel. The freshly painted exteriors complement the property's overall appeal. This investment also offers a spacious 2-car garage & ample driveway space, solving any parking dilemmas & adding extra value for potential renters. The lot itself & the front porches on both homes provide space for outdoor activities & relaxation. All of which, add a touch of luxury & make the units highly attractive in the rental market. Imagine the possibilities as you tap into the potential of this turn-key investment, designed to minimize initial costs & maximize returns. Act now & secure your future w/ this outstanding opportunity that's ready to generate income from day one.
The median home value in Akron, OH is $106,100. This is lower than the county median home value of $179,200. The national median home value is $338,100. The average price of homes sold in Akron, OH is $106,100. Approximately 44.84% of Akron homes are owned, compared to 44.88% rented, while 10.28% are vacant. Akron real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Akron real estate agent to arrange a tour today!
Akron, Ohio 44314 has a population of 191,483. Akron 44314 is less family-centric than the surrounding county with 18.01% of the households containing married families with children. The county average for households married with children is 26.83%.
The median household income in Akron, Ohio 44314 is $42,129. The median household income for the surrounding county is $63,111 compared to the national median of $69,021. The median age of people living in Akron 44314 is 36.8 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 38.2 inches per year, with 41.7 inches of snow per year.