3
beds
2
baths
1,607
sqft
Built in
1918
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!
-
Listing Status:
-
Pending
-
Date Added:
- March 26, 2025
—
22 days ago
-
Listing Office:
-
Russell Real Estate Services, Tal Tamir (216-870-8687)
-
Office Phone:
-
440-526-9400
-
MLS ID:
-
5109476
Features & Amenities
Interior
- Basement:
- Full
- A/C:
- false, None
- Heating:
- true, Forced Air, Gas
- Fireplace:
- Fireplace, Fireplaces: 1
Exterior
- Style:
- Colonial
- Parking:
- Driveway, Paved
Construction
- Roofing:
- Asphalt, Fiberglass
- General:
- Aluminum Siding, Vinyl Siding, 2
Location
- Originating MLS:
- NOWDD
- School District:
- Akron CSD - 7701
- County:
- Summit
Lot
- Zoning:
- VANDALIA HTS LOT 72 ALL, 6726313
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- NOWDD
This listing courtesy of:
Russell Real Estate Services, Tal Tamir
Monthly Payment
For Regular Military with Good Credit and a 30 Year Loan with 0% Down
- Principal & Interest $598
- Taxes $91
- Insurance $27
- VA Funding Fee $6
*Your actual payment may vary based on your unique situation.
$721 Est. Payment
-
$--- BAH
=
$--- Remaining
About Akron, OH
Housing
- Number of Units
- 124,635
- Median Home Value
- $140,585
- Median Rent
- $680
42.71%
of
housing units are renter occupied.
9.44% are vacant.
Commute
- Car
-
76.59%
- Public Transportation
-
2.17%
- Walk to Work
-
1.27%
- Work from Home
-
19.33%
- Other
-
0.47%
The median travel time to work is
19 minutes.
People
- Population
- 262,993
- Median Age
- 39.80
- Median Household Size
- 2.44
Education
- High School
-
31.49%
- Associate’s Degree
-
7.84%
- Bachelor’s Degree
-
17.22%
- Graduate Degree
-
9.99%
Disclaimer: Community and Demographic information uses data from the U.S.
Census Bureau
but is not endorsed or certified by the Census Bureau.
Similar Homes
