Property Description

Occupied rental bringing in $1,300 per month offering a cap rate over 12! With tons of updates this is a turnkey cash flow property to add to your portfolio or get started in real estate investment. Only one tenant has been at the property since 2023 when the updates were completed. Updates in 2023 include: Kitchen, Bathroom with gorgeous tile shower, Windows throughout, Hot Water Tank, Plumbing throughout the home, gutters, downspouts, wiring, LVP Flooring, finishing hardwood flooring & interior paint. Then in 2024 a brand new furnace w 10 year warranty! With this kind of cash flow and big tickets already updated you don't want to miss out on this investment opportunity with easy access to Akron U, Downtown Akron and Route 8 all while sitting on a low traffic dead end street. Current tenant is under lease through the end of November, 2026 and has lived at the property since November, 2023. Owner pays water, sewer and trash through Akron - roughly $105/month. Tenant pays all other utilities and maintains grass, leaf removal and snow removal. The first floor includes a nice living room that leads to the dining room and you'll love the beautiful original woodwork. The kitchen has updated LVP flooring, white cabinets a tile backsplash and gas range and refrigerator that will convey with the home. The second floor has 3 spacious bedrooms with the freshly finished hardwood floors and full bathroom with updated vanity, LVP flooring, commode, fixtures and the custom tile step in shower. The third floor is a large bedroom with LVP flooring, plenty of space to use for a sitting / hobby area or home office setup. Full basement with laundry hookup and glass block windows. The covered front porch and even Central AC (a rare find for this price range) round out this wonderful home.

Property Features

Local Schools