1061-1063 Harrison AVE Akron, OH 44314
UPDATED:
Key Details
Sold Price $158,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $75
Subdivision Highland Homes Allotment
MLS Listing ID 5080157
Sold Date 11/26/24
Bedrooms 6
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 2,080
Year Built 1958
Annual Tax Amount $1,763
Tax Year 2023
Lot Size 8,960 Sqft
Acres 0.2057
Property Description
Don’t miss this rare opportunity to own a spacious 6-bedroom duplex, perfect for investors or those looking to maximize rental income!
Key Features:
• Income Potential: Each unit can easily rent for $1,200-$1,400 per month, with the added advantage of being Section 8 approved for guaranteed rental income at above-average rates.
• Recent Upgrades: The roof is less than 10 years old, with new windows, fresh paint, and brand-new carpeting installed in 2024. Both units are equipped with new furnaces and newer Rheem hot water tanks, ensuring comfort and efficiency for years to come.
• Buildable Extra Lot: The additional lot offers potential for future development, making this property even more appealing.
• Stability & Community: Previous tenants enjoyed long-term stays of 11 and 17 years, showcasing the desirability of the location.
• Prime Location: Conveniently situated near a school, interstate access, and a park with controlled entry, providing both tranquility and accessibility.
• Community Investment: Neighboring Prentiss Park has recently received $150,000 for enhancements through the Akron Parks Challenge, promising a vibrant community space.
• Educational Hub: Within one mile of the new South Performing Arts School and the Pfieffer Elementary Campus, ensuring a strong family-oriented environment.
• Cultural Vibrance: Join the thriving atmosphere of Kenmore, home to popular monthly First Friday Art & Live Music events, solidifying Kenmore Blvd as Akron's Undisputed Music Row.
This duplex is a fantastic investment opportunity in a dynamic and growing community. Schedule your viewing today and see the potential for yourself! Awesome potential ROI/Cap Rate!
Each unit has 3 bedrooms, one bath, laundry hookups in the kitchen, a large living room, a dining room, good closet space, and private entrances. Each units has been painted, new carpet installed, new electric panels. Roof and windows are approx. 8 years
Location
State OH
County Summit
Community None, Public Transportation
Direction West
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan(s), Laminate Counters
Heating Forced Air, Gas
Cooling Ceiling Fan(s)
Fireplace No
Appliance Range, Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup, In Kitchen
Exterior
Parking Features Common, Gravel, On Site, Outside, Parking Lot, Private
Fence Chain Link, Gate, Partial, Wire
Pool None
Community Features None, Public Transportation
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt,Fiberglass
Accessibility None
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Dead End, Front Yard, Near Golf Course, Near Public Transit
Faces West
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Akron Csd - 7701
Others
Tax ID 6712302
Acceptable Financing Cash, Conventional, Contract, FHA, Private Financing Available
Listing Terms Cash, Conventional, Contract, FHA, Private Financing Available
Financing Conventional
Special Listing Condition Standard
Bought with Debbie L Ferrante • RE/MAX Edge Realty
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