Attention investors! Turnkey, fully occupied duplex located on a desirable street & offering immediate rental income. Whether you're looking for an easy first investment property or a solid addition to your existing portfolio, this affordable opportunity deserves your attention. Property features a long-term second-floor tenant currently on a month-to-month lease paying $575 per month and a newer first-floor tenant occupying the efficiency unit at $595 per month. Separate gas & electric meters help minimize owner expenses, while the owner currently pays water, sewer & trash services. Additional features include off-street parking, partially fenced yard and a full basement providing storage and utility space. Property is not perfect but is in decent overall condition with some nice updates and has provided reliable income for a long-term owner who is now selling a portfolio after more than 20 years of ownership. This is a practical investment opportunity with existing cash flow, manageable operating expenses and upside potential for future improvements or rent adjustments. Please do not disturb the tenants. Showings will be provided after an acceptable offer has been negotiated. No wholesalers/no owner financing. Don't miss this chance to acquire a fully occupied income-producing property at an affordable price.
Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653
Shown By
Agent Name: David Knutty
Agent Phone: (330) 607-2233
Agency Title: Mosholder Realty
Estimated Payment
$ 665.26 per month $529.95 Principal & Interest $103.25 Property Tax $32.05 Homeowner's Insurance
56 Vesper Street | MLS# 5219180
This multi-family property located at 56 Vesper Street, Akron, OH 44310 is currently listed for sale with an asking price of $109,900. Vesper Street is located within the Akron City school district. Search Akron real estate on dknutty.mosholder.com today.