844 Brown Street, Akron, OH 44311

$55,000
3
BD
1
BA
1,384
SqFt

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Sold Price
$55,000
List Price
$55,000
Status
CLOSED
Days on Market
32
Closing Date
Aug 19, 2024
MLS#
5053981
Subtype
Residential
Style
Colonial
Year Built
1917
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,384
Acres
0.08
MLS Area Major
Akron

Property Description

ATTENTION REAL ESTATE INVESTORS: Located in the South Akron neighborhood and less than 1 mile from the University of Akron, this property offers a wide range of income generating possibilities. While this property is ideal for utilizing the BRRRR method, using the house as a student rental can also be a lucrative investment strategy. The property is currently classified as a 3 bedroom, but the large bonus room offers ample living space, and can easily be turned into a 4th bedroom. This would further increase the potential rental income, especially if rent was by the room, which is common for student rentals. The property is a 3 minute drive and a 28 minute walk to The University of Akron, per Apple Maps. The property is in rough shape, will need rehabbed prior to being rented, and is being sold as-is, all of which is reflected in the list price. This property is an excellent choice for any investor looking to grow or diversify their portfolio!

Additional Information

Interior Features
Ceiling Fan(s)
Taxes
$849
Property Description
Colonial
Appliances
Range, Refrigerator
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Driveway, No Garage, Off Street
School District
Akron CSD - 7701

Listing Courtesy of: Aimee Neiman, aimeeneiman@kw.com With Keller Williams Chervenic Rlty

Selling Office: Keller Williams Chervenic Rlty.

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