Stacey Olive
REALTOR®
BEDS3
BATHS1 full
SQUARE FEET1,297
MLS#5215968
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONPortage Heights
SCHOOLAkron City
Property Description
Excellent opportunity to add a cash-flowing investment property to your portfolio, or the perfect opportunity to make this house your HOME. This 3-bedroom, 1-bath single-family home offers approximately 1,352 square feet of living space and is conveniently located in Akron's Kenmore area. The property is currently occupied by a tenant who has been in place for approximately one year and would love the opportunity to remain after the sale, creating immediate and stable income for the next owner from day one. Current rent is $1,245 per month, offering strong cash-flow potential with additional upside over time. The home is in typical lived-in rental condition and provides investors the opportunity to continue generating income while making cosmetic improvements over time as desired. Features include a spacious layout, full basement, and off-street parking ? all contributing to the property's overall rental appeal and long-term value. Whether you are looking to expand your current portfolio or purchase your first investment property, this home offers stable occupancy, strong rental income, and future upside potential. Seller recently completed an appraisal with the value coming back at $95,000, providing additional confidence in the opportunity here. Great opportunity you do not want to miss ? call today to schedule your private showing!
Property Features
Property Type: Residential - Single Family
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Fireplaces: 1
Heating: Forced Air, Gas
Home Style: Colonial
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,740 / year
Year Built: 1920
Feature Descriptions
Exterior: Vinyl Siding
Laundry: In Basement
Parcel#: 6800305
Parking: Unpaved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Akron City
Listed By / Shown By
Listed By
Agency Name: RE/MAX Edge Realty
Agency Contact: tim@timmfinn.com, 330-322-5833
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 674.10 per month $502.88 Principal & Interest $145.00 Property Tax $26.22 Homeowner's InsuranceChange Payment Information
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628 Lakemont Avenue | MLS# 5215968
This single family home located at 628 Lakemont Avenue, Akron, OH 44314 is currently listed for sale with an asking price of $89,900. This property was built in 1920 and has 3 bedrooms and 1 full baths with 1297 sq. ft. Lakemont Avenue is located in the Portage Heights subdivision within the Akron City school district. Search Portage Heights real estate on www.soldwithstacey.net today.