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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.
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listed By
Agency Name: Lokal Real Estate, LLC.
Agency Contact: (330) 703-2732
Shown By
Agent Name: Ethan Markowitz
Agent Phone: (310) 871-2705
Agency Title: Burgan Real Estate
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