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429 Lovisa ST Akron, OH 44311
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Key Details
Sold Price $148,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,314 sqft
Price per Sqft $63
Subdivision Ledge Allotment
MLS Listing ID 4445583
Sold Date 04/27/23
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,314
Year Built 1919
Annual Tax Amount $2,056
Lot Size 7,819 Sqft
Acres 0.1795
Property Sub-Type Duplex
Property Description
Calling investors and owner-occupants alike!! Nicely maintained and clean duplex on quiet street with plenty of parking is close to the University of Akron's campus. The 1-bedroom first floor unit is currently occupied for $900, with the lease ending on May 31, 2023. The second and third floors are combined to offer 4-bedrooms and 2 full bathrooms, and would make a fantastic suite for an owner-occupant or as a rental and could easily fetch $1300+/month, for a total annual GRI of $26K. The utilities are not separately metered. Currently, the owner pays for all of the utilities. All windows have been replaced with vinyl. This is a fantastic investment property that is ready to start to work for you.
Location
State OH
County Summit
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area
Exterior
Parking Features Paved
Garage Spaces 3.0
Garage Description 3.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6838806
Financing Cash
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Bought with Raymond Griggy • Keller Williams Chervenic Rlty