816 Vernon Odom Boulevard, Akron, OH 44307

$70,000
2
BD
1
BA
1,440
SqFt

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Sold Price
$70,000
List Price
$75,000
Status
CLOSED
Days on Market
43
Closing Date
Sep 29, 2023
MLS#
4483028
Subtype
Residential
Style
Ranch
Year Built
1962
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
1,440
Acres
0.18

Property Description

Welcome to 816 Vernon Odom Blvd! This fully renovated 2 bedroom - 1 bathroom ranch is located just minutes from Downtown Akron, Cleveland Clinic - Akron General Hospital, and many other amenities (restaurants, stores etc.) Cosmetic upgrades include: newer windows, vinyl flooring in living room and kitchen, updated cabinetry, granite counter tops, and newer appliances. Freshly painted walls with spacious walkout basement that can be converted into a third bedroom. This property is currently rented for $850 through AMHA (Section 8). Tenant pays gas, electric and responsible for all lawn care. Property is professionally managed and produces great cash flow (cap rate: 11.2%- agents, reference broker remarks for calculation). Don’t miss the opportunity to add this property to your portfolio!

Additional Information

Taxes
$657
Property Description
Ranch
Heating
Forced Air, Gas
Air Conditioning
None
Stories
1
Levels
One
Roof
Asphalt, Fiberglass
Parking Features
No Garage, Unpaved
School District
Akron CSD - 7701

Listing Courtesy of: Helen Burroughs, realtorhelenb@gmail.com With H & R Burroughs Realty, Inc.

Selling Office: RE/MAX Traditions.

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