12 Lake Street, Akron, OH 44301
- $68,000
- 4
- BD
- 3
- BA
- 2,160
- SqFt
- Sold Price
- $68,000
- List Price
- $75,000
- Status
- CLOSED
- Days on Market
- 44
- Closing Date
- Jun 06, 2025
- MLS#
- 5115860
- Subtype
- Residential Income
- Year Built
- 1920
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,160
- Acres
- 0.14
- Subdivision
- Miller & Long Allotment
- Neighborhood
- Miller & Long Allotment
- MLS Area Major
- Akron
Property Description
Akron Triplex – Prime Investment Opportunity! This value-add property offers immediate income with significant upside potential. The lower unit is a 2-bedroom, 1-bath, currently tenant-occupied, Section 8 compliant, and generating $772/month on a month-to-month lease. The two upstairs units are both 1-bedroom, 1-bath and are currently vacant—perfect for renovation and increased rental income. Each unit is separately metered for gas and electric, making tenant management simple and efficient. With some updates, this triplex could deliver excellent cash flow in a high-demand rental area. Sold As-Is.
Additional Information
- Taxes
- $2,160
- Heating
- Electric
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Parking Features
- Asphalt
- School District
- Akron CSD - 7701
Listing Courtesy of: Gypsy Smolsky, gypsy.realohio@gmail.com With Real of Ohio
Selling Office: Real of Ohio.Mortgage Calculator
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