Income property with a rare tenancy history. The current resident has occupied the home for 35 years at $650/month, delivering consistent, hassle-free collections and zero turnover cost — the kind of stability that's almost impossible to underwrite for. Below-market rent leaves clear runway for an investor to grow NOI over time.
Location is the long-term play here. Akron continues to draw employment from Cleveland Clinic Akron General, Summa Health, Akron Children's Hospital, the University of Akron, and the Goodyear/Bridgestone corporate and R&D campuses — a diversified base that keeps rental demand steady year over year. Quick access to I-76, I-77, and SR-8 puts downtown Akron minutes away and downtown Cleveland well within commuting range, with Akron-Canton Airport a short drive south. Summit Metro Parks, the Towpath Trail, and Cuyahoga Valley National Park are all nearby, adding the lifestyle appeal that keeps tenants renewing.
Ideal for an investor building a Northeast Ohio portfolio, a 1031 buyer seeking placed capital, or anyone wanting immediate cash flow with upside at turnover. Contact your favorite realtor today if interested.
20 days
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832
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27
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Zillow last checked:
Listing updated:
Listed by:
Keyano Burgess(330)703-2732,
Lokal Real Estate, LLC.
Source: MLS Now,MLS#: 5228821Originating MLS: Akron Cleveland Association of REALTORS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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