228 Cole Avenue, Akron, OH 44301
- $299,900
- 4
- BD
- 4
- BA
- 3,360
- SqFt
- List Price
- $299,900
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 5231356
- Subtype
- Residential Income
- Year Built
- 1928
- Bedrooms
- 4
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,360
- Acres
- 0.13
- Subdivision
- Cole Ave Allotment
- Neighborhood
- Cole Ave Allotment
- MLS Area Major
- Akron
Property Description
House Hack Opportunity! Great investment for owner-occupants and FHA buyers—this solid brick 4-unit multifamily property offers a rare opportunity to live in one unit while collecting rental income from the other three. Whether you’re looking to reduce your monthly housing costs or start building your real estate portfolio, this property checks all the boxes. Each spacious unit features 1 bedroom, 1 bathroom, a living room, dining room, and a bonus room. The property is currently fully occupied, with two units renting for $500/month and two units renting for $750/month, providing immediate cash flow with room to increase rents over time. Looking for even more upside? The lower level offers the potential to be finished and converted into two additional units
Additional Information
- Taxes
- $5,550
- Heating
- Hot Water, Steam
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt
- Parking Features
- Gravel
- School District
- Akron CSD - 7701
Listing Courtesy of: Mandria Aceto, mandria@realuxerealestate.com With Realuxe Ohio
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