621 W Exchange Street, Akron, OH 44302

Property Description

Welcome to 617-621 W Exchange St – a well-maintained, income-generating up-and-down duplex in a prime Akron location! This versatile property is perfect for investors or owner-occupants seeking strong rental potential and move-in-ready space. The occupied first-floor unit has two bedrooms, a large kitchen and living room, and private access to the basement with an additional bonus room for the tenant's use. The second-floor unit is vacant, freshly painted, and ready for a new tenant or owner-occupant! The upper unit offers an updated bathroom, a spacious eat-in kitchen with included appliances and pantry, and a large living room. This unit also features a finished upper level that provides flexible space for a home office, second bedroom, or bonus living area. Both units have their own washer/dryers and separate gas and electric, making this a hassle-free investment. The property's gross annual rent revenue is just over $21,000 with opportunity to increase. Outside, a large gravel parking area accommodates multiple vehicles, and the location offers convenient access to Highland Square, downtown Akron, shopping, dining, and more. Whether you're looking to expand your portfolio or live in one unit while renting the other, this duplex checks all the boxes—updated, well-located, and ready to perform!