561 E Buchtel AVE Active Save Request In-Person Tour Request Virtual Tour
Akron,OH 44304
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,146 sqft
Price per Sqft $81
Subdivision Smith
MLS Listing ID 5074079
Bedrooms 5
Full Baths 3
Year Built 1919
Annual Tax Amount $1,376
Tax Year 2023
Lot Size 3,310 Sqft
Property Description
AKRON INVESTMENT OPPORTUNITY! This property is a perfect opportunity for investors or someone who wants to house hack - you can live in one unit and rent out the other two and have your mortgage paid! With potential market rental rates, this property could bring in over $2500 / month. The first and second floor units both have two bedrooms and the third floor features a great studio apartment, perfect for a college student. The home has been recently updated with brand-new flooring throughout and has been invigorated with fresh paint throughout the whole house. All three units are currently listed for rent, units 1 and 2 at $900 / month and unit 3 at $750 / month. The seller is already in contact with the Akron Metropolitan Housing Authority so buyers will have a head start on having it registered for their housing assistance program. This property is in close proximity to the University of Akron and the Akron campus of Summa. Don't miss out on adding this property to your Akron investment portfolio! Photos of third floor unit will be available 10/4/24.
Location
State OH
County Summit
Interior
Heating Baseboard,Electric,Forced Air,Gas
Cooling None
Exterior
Garage Driveway,On Street
Waterfront No
Roof Type Asphalt,Fiberglass
Building
Lot Description City Lot
Sewer Public Sewer
Water Public
Schools
School District Akron Csd - 7701
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard