Turnkey Buy & Hold income property in Akron 44320 with strong cash flow and value-add upside. Duplex features separate meters, new water heaters, updated upstairs bathroom, roof approx. 12 years old, and a functioning furnace. Current rents are $700 for the downstairs 2/1 (market $850) and $850 for the upstairs 3/1 (market $1,000), with current tenants already agreeing to rent increases, bringing total rent potential to $1,850/month. Estimated ARV ~$150,000 with approx. $39,000 equity at purchase, making this a strong long-term hold or DSCR-friendly investment with excellent upside and income stability.
Listed By
Agency Name: Berkshire Hathaway HomeServices Stouffer Realty
Agency Contact: dreid@stoufferrealty.com, 216-387-0757
Shown By
Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911
Estimated Payment
$ 401.75 per month $194.07 Principal & Interest $182.25 Property Tax $25.43 Homeowner's Insurance
892-894 Storer Avenue | MLS# 5186691
This multi-family property located at 892-894 Storer Avenue, Akron, OH 44320 is currently listed for sale with an asking price of $87,200. 892-894 Storer Avenue is located within the Akron City school district. Search Akron real estate on www.mcrealestateohio.com today.