Description
Great opportunity to own a fully renovated triplex in a prime Akron location near The University of Akron, major hospitals, downtown amenities, and convenient highway access. Originally constructed in the late 19th century during Akron's industrial boom years, this impressive 4,000+ square foot residence blends historic character with modern functionality following a comprehensive renovation completed in 2010. The property features three spacious residential units totaling 11 bedrooms and 4 full bathrooms. Unit 1 offers approximately 1,200 square feet with 3 bedrooms, 1 bath, and a full kitchen on the basement floor level. Unit 2 features approximately 1,000 square feet with 3 bedrooms, 1 bath, and a full kitchen on the first floor level. And Premium Unit 3 spans approximately 1,875 square feet with 5 bedrooms, 2 full baths, beautiful hardwood flooring in the kitchen & dining area, and a dramatic lofted living space with a secondary striking spiral staircase shortcut to the kitchen below. Major improvements completed during the renovation include new windows, vinyl siding, new roof, replaced mechanical systems, and fully remodeled kitchens and baths to provide investors with a substantially modernized asset while preserving elements of the home's historic charm. Assigned off-street parking adds convenience for residents. Whether you're seeking a cash-flowing investment property, student housing opportunity, AirBnB potential, or a house-hack scenario (where you occupy one unit while generating income from the others!) this property offers exceptional flexibility in a highly desirable rental market.
Details
| MLS # | 5219186 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1894 |
| Days On Site | 62 |
| Listing Provided By | EXP Realty, LLC | Kyle Brandon |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,068 |
| Basement | Y |
| Story(s) | 3 |
| Building(s) | 1 |
| Acreage | 0.18 |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Additional Parking, Assigned, On Site, Off Street, Parking Lot, Private, Shared Driveway |
Taxes
| Tax Annual Amount | 2884 |
|---|
Area Information
| State | OH |
|---|---|
| County | Summit |
| City | Akron |
| Zip Code | 44304 |
| Community Name | Eastern Add |
| Listing VS Median (in Eastern Add) | |
Price: $409,000 low | high Med: $409,000 sqft: 4,068 low | high Med: 4,068 $ / sqft: $101 low | high Med: $101 On site: 62 low | high Med: 62 | |
Market Activity 44304
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Learn More About This Property
| State | OH |
|---|---|
| County | Summit |
| City | Akron |
| Zip Code | 44304 |
| Community Name | Eastern Add |
| Listing VS Median (in Eastern Add) | |
Price: $409,000 low | high Med: $409,000 sqft: 4,068 low | high Med: 4,068 $ / sqft: $101 low | high Med: $101 On site: 62 low | high Med: 62 | |