528 E Buchtel Avenue, Akron, OH 44304

$151,000
6
BD
2
BA
2,386
SqFt

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Sold Price
$151,000
List Price
$149,900
Status
CLOSED
Days on Market
44
Closing Date
Oct 05, 2023
MLS#
4484549
Subtype
Residential Income
Year Built
1863
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,386
Acres
0.26
Subdivision
Eastern
Neighborhood
Eastern

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.

Additional Information

Taxes
$1,733
Appliances
Microwave, Range, Refrigerator
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Detached, Garage, Paved
Garage Spaces
1
School District
Akron CSD - 7701

Listing Courtesy of: Tim Finn Jr, tim@timmfinn.com With RE/MAX Edge Realty

Selling Office: Keller Williams Living.

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