150 S Portage Path, Akron, OH 44302

$139,900
4
BD
2
BA
1,934
SqFt

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Sold Price
$139,900
List Price
$139,900
Status
CLOSED
MLS#
5068683
Year Built
1914
Closing Date
Oct 11, 2024
Bedrooms
4
Bathrooms
2
Living Area
1,934
Region
Akron
Township
Akron
Subdivision / Building
Kasch Allotment

Property Description

Don’t miss this rare opportunity to own a fully occupied duplex in the highly sought-after Highland Square neighborhood! Currently bringing in nearly $20,000 per year, this property offers major upside with pro forma rent potential of $2,200 per month. The 3-bed, 1-bath unit is rented for $800 on a month to month lease, while the 1-bed, 1-bath unit rents for $735 also on a month to month lease — both significantly under market value. One unit even has utilities billed back to the tenant! Recent 2023 updates include a new furnace, new main water line, waterproofed basement, and a roof that's only seven years old. This is a prime investment with huge income potential waiting to be unlocked! Can be purchased with 399 N Thomas Rd / Parcels: 60-05811 & 60-05807 and 339 Hillwood Dr / Parcel: 6703366.

Additional Information

Taxes
$2,566
Acres
0.14
Sewer
Public Sewer
Roof
Asphalt, Fiberglass, Shingle
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Akron CSD - 7701

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Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Howard Hanna.

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