656 Hammel Street, Akron, OH 44306

Property Description

Turnkey, cash-flowing duplex in East Akron! This fully updated and rent-ready property is an excellent opportunity for both investors and owner-occupants looking to offset their mortgage with rental income. The exterior features a newer dimensional shingle roof, low-maintenance vinyl and aluminum siding, and a detached 1.5-car garage. Inside, both units have been thoughtfully updated with vinyl replacement windows, new LVP flooring, fresh carpet in all bedrooms, updated bathrooms with new vanities and shower surrounds, and modern finishes throughout. The first-floor unit boasts a beautifully updated kitchen with new cabinets and countertops, plus an enclosed front porch for additional convenience. Adding character rarely found in rental properties, the dining rooms feature custom built-in wood shelving with leaded glass cabinet doors. The second-floor unit includes an enclosed porch and offers even more living space with a finished third-floor bedroom and bonus tandem room—perfect for a home office, walk-in closet, or additional flex space. Newer furnaces and updated 100 amp panels add to the value of this house as a ready to go investment property. The upper unit already has a tenant preparing to move in, providing immediate income potential, wile the first floor is turnkey and ready for you to place your own tenant. With current Section 8 payment standards allowing up to $1,142 per month for a 2-bedroom unit, this property offers strong cash-flow potential and is positioned to be a true cash cow for the next owner. Whether you're looking to expand your portfolio or secure a low-maintenance investment with major updates already completed, this East Akron duplex is ready to start generating returns from day one.