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1640-1642 Hobart AVE Akron, OH 44306
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Key Details
Sold Price $125,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,380 sqft
Price per Sqft $90
Subdivision East Park Terrace
MLS Listing ID 4384023
Sold Date 11/29/22
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,380
Year Built 1976
Annual Tax Amount $2,010
Lot Size 7,714 Sqft
Acres 0.1771
Property Description
ATTENTION INVESTORS! Don’t miss the opportunity to own this desirable Akron duplex. Solid rental history with cap rate over 10%. Great for an OWNER-OCCUPIED property as well. Live in one unit, let the rent from the other unit help pay your mortgage. A great stepping stone for anyone looking to invest in real estate and take advantage of tax benefits that you wouldn’t have on a single-family home. Each unit has two bedrooms, full bath and full basement with laundry hook-ups. Updates include new windows (both units), new hot water tanks (both units), and new furnace (one unit). Nicely shaded backyard, quiet neighborhood on dead-end street. Off-street parking available. Located in desirable area of west Akron
Location
State OH
County Summit
Direction North
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Appliance Range, Refrigerator
Laundry In Unit
Exterior
Parking Features Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Faces North
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Akron Csd - 7701
Others
Tax ID 6815071
Security Features Smoke Detector(s)
Financing Conventional
Special Listing Condition Estate
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Bought with Gilda Moreno • Howard Hanna