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347 Cleveland ST Akron, OH 44306
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Key Details
Sold Price $84,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,607 sqft
Price per Sqft $52
Subdivision Vandalia Heights
MLS Listing ID 5109476
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1918
Annual Tax Amount $1,312
Tax Year 2024
Lot Size 5,005 Sqft
Property Sub-Type Single Family Residence
Property Description
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!
Location
State OH
County Summit
Interior
Heating Forced Air, Gas
Cooling None
Fireplaces Number 1
Exterior
Parking Features Driveway, Paved
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Akron Csd - 7701
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Min W Zhang • REAFCO