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528 E Buchtel Avenue

Akron, OH 44304
  • $151,000
  • STATUS: Closed
  • ON SITE: 327 Days
  • MLS #: 4484549
Sold - 10/05/2023
$151,000
SOLD - 10/05/2023
  • 6
    BEDS
  • 0.26
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,386
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1863
County:
Area:

School Ratings & Info

School District:
Listing courtesy of RE/MAX Edge Realty.
Listing information © 2024 YES-MLS.

Description

Attention investors! Introducing an outstanding investment opportunity strategically located in close proximity to The University of Akron, as well as Summa Health Systems (Summa Hospital) in Akron, Ohio. This multi-family property offers an ideal blend of prime location, ample parking, and exceptional rental income potential. Situated within a sought-after location this property presents a lucrative proposition for both seasoned investors and those seeking to capitalize on the growing demand for housing, whether that be a buy & hold, or an individual looking to "house hack" and live for free. This property stands as an attractive option for students, faculty, and staff seeking convenient access to campus facilities and amenities, as well as any nurses, doctors, or hospital staff seeking close proximity to work. With a proven track record of generating substantial rental income, this property has consistently commanded approximately $300-$350 per room, yielding nearly $2,000 per month. LL does pay for all utilities. This offers a compelling return on investment, making it a wise addition to any real estate portfolio. One of the best features is the ample parking space available, providing tenants with a sought-after convenience often lacking in similar rental options in the area. Each unit offers 3 bedrooms, with 1 bathroom. All rooms are generously sized. New flooring and paint throughout. 1 car detached garage. Do not miss your opportunity to add this to your portfolio!

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Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-17T20:08:16.973.
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528 E Buchtel Avenue Akron, OH 44304

  • Price: $149,900
  • Status: Closed
  • On Site: 327 Days
  • Updated: 121 min ago
  • MLS #: 4484549
6
Beds
2
Baths
0
½ Baths
0.26
Acres
2,386
SQFT
$0
$/SQFT
1863
Built
Neighborhood:
Eastern
County:
Summit
Area:
Akron
School District:
Akron CSD
Property Description
Attention investors! Introducing an outstanding investment opportunity strategically located in close proximity to The University of Akron, as well as Summa Health Systems (Summa Hospital) in Akron, Ohio. This multi-family property offers an ideal blend of prime location, ample parking, and exceptional rental income potential. Situated within a sought-after location this property presents a lucrative proposition for both seasoned investors and those seeking to capitalize on the growing demand for housing, whether that be a buy & hold, or an individual looking to "house hack" and live for free. This property stands as an attractive option for students, faculty, and staff seeking convenient access to campus facilities and amenities, as well as any nurses, doctors, or hospital staff seeking close proximity to work. With a proven track record of generating substantial rental income, this property has consistently commanded approximately $300-$350 per room, yielding nearly $2,000 per month. LL does pay for all utilities. This offers a compelling return on investment, making it a wise addition to any real estate portfolio. One of the best features is the ample parking space available, providing tenants with a sought-after convenience often lacking in similar rental options in the area. Each unit offers 3 bedrooms, with 1 bathroom. All rooms are generously sized. New flooring and paint throughout. 1 car detached garage. Do not miss your opportunity to add this to your portfolio!
Exterior Features

Attached Garage YN No Construction Materials AluminumsidingVinylsiding Exterior Features Paveddriveway Garage YN Yes Parking Features DetachedGarage Roof AsphaltFiberglass

Interior Features

Appliances MicrowaveRangeRefrigerator Basement FullUnfinished Basement YN Yes Building Area Total 2386 Cooling None Cooling YN No Heating ForcedairGas Heating YN Yes Laundry Features Commonarea

Property Features

Above Grade Finished Area 2386 Buyer Financing Conventional Gross Income 22000 Home Warranty YN No Listing Terms CashConventional Number Of Units In Community 2 Operating Expense 7100 Owner Pays Allutilities Property Sub Type Duplex Sewer Publicsewer Township Akron City Water Source Public Year Built Details Actual Ybt

Listing information © 2024 YES-MLS.
Listing provided courtesy of RE/MAX Edge Realty: 330-236-5100.
Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-17T20:08:16.973.
 
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Keller Williams Chervenic Realty
3333 Massillon Rd., Suite 10
Akron OH, 44312
Listing courtesy of RE/MAX Edge Realty.
Listing information © 2024 YES-MLS.