Akron OH Multi Family for Sale
$239,900
890 Florida Avenue Akron, OH 44314
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 7
- Lot size:
- 0.11 Acres
- Year built:
- 1911
- Baths:
- 2.00
- MLS#:
- 5072790
- Subdivision:
- Kenmore Allotment
ADDITIONAL INFORMATION
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.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.21 Acres
- Year built:
- 1958
- Baths:
- 2.00
- MLS#:
- 5069534
- Subdivision:
- Highland Homes Allotment
ADDITIONAL INFORMATION
Up/down duplex. Each unit has 3 bedrooms, one bath, laundry hookups in the kitchen, a large living room, a dining room, good closet space, and private entrances. Fenced backyard with a large deck, shed, and a considerable shared front yard. Each units has been painted, new carpet installed, new Ducane furnaces and Rheem hot water tanks in 2024. Roof and windows are approx. 8 years old. 2nd floor furnace is in the attic. Parking for 4-6. Great location, situated on a dead-end street and behind Innes CLC. Next to Prentiss Park, winners of $150,000 for capital improvements in the 2024 Akron Parks Challenge. A short ride or walk to many conveniences, including Acme Grocery, banks, food, gas, schools, highway access, and a public golf course, to name a few. Priced to sell, tenant ready. Buy it and start generating income right away. Most recent rent was $850 per unit. Both tenants were long-term and rent was not adjusted as often as it could have been. There is plenty of room to grow the net income. Landlord pays water/sewer/trash. Tenants pay all other utilities (gas, electric, wifi, cable, etc).
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.17 Acres
- Year built:
- 1916
- Baths:
- 3.00
- MLS#:
- 5045988
- Subdivision:
- Kenmore Allotment
ADDITIONAL INFORMATION
CALLING ALL INVESTORS or those in search of a large home for extended family! NEW PRICE for this spacious, classic Kenmore colonial. Excellent investment opportunity in this three unit multi family property in the heart of Kenmore's bustling boulevard district! This property is competitively priced. Tenants are on month to month leases. . Owner pays all utilities. First and second floor apartments offer one bedroom. The spacious third floor studio apartment has its private bathroom on the second floor. Consistently maintained by the same owner since the 80's. This is a perfect environment to create a fabulous extended family home. With three kitchens and three bedrooms, this is a flexible floor plan for many family uses. Recent updates include 2000 new double paned vinyl windows/ 2018 concrete block wall on front of property repaired/replaced / 2018 New 50 year shingle roof / 2018 wooden side stairs removed and new wood stairs built and painted with deck paint / 2020 50 gallon A. O. Smith hot water tank/ 2023 high efficiency furnace. Laundry area in basement can easily be set up for all tenants. Convenient off street parking behind the home with alley access. Great potential here. Don't let this money maker slip through your fingers! Schedule a viewing soon!
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Akron Real Estate
The median home value in Akron, OH is $66,600. This is lower than the county median home value of $132,400. The national median home value is $219,700. The average price of homes sold in Akron, OH is $66,600. Approximately 44.23% of Akron homes are owned, compared to 42.58% rented, while 13.2% 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 198,252. Akron 44314 is less family-centric than the surrounding county with 17.98% of the households containing married families with children. The county average for households married with children is 27.26%.
The median household income in Akron, Ohio 44314 is $36,223. The median household income for the surrounding county is $53,291 compared to the national median of $57,652. The median age of people living in Akron 44314 is 36.7 years.
Akron Weather
The average high temperature in July is 83 degrees, with an average low temperature in January of 21.6 degrees. The average rainfall is approximately 39.2 inches per year, with 46.6 inches of snow per year.