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About This Home

This 2-bedroom, 1-bathroom single family at 1238 Leeser Avenue in Akron, OH is listed for $49,999. Built in 1939, on a 0.09 acres lot.

Agent Description

This is a beat-up Akron, Ohio BRRRR opportunity. This ugly, scuzzy property is exactly the kind of deal most investors are afraid of-but that fear is where the equity is created. With a purchase price around $50,000, an estimated $30,000 renovation, a projected $100,000 ARV, and potential rent around $1,250/month, this Akron rental could create roughly $20,000 in equity for the investor willing to take on the rehab.

Professional management and renovation services are available to help with the full process, including purchase, insurance, renovation, refinance, tenant placement, Section 8 certification, and property management, making this a potential hands-off BRRRR play for out-of-state investors looking to build wealth in Northeast Ohio. Email agent for market rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building.

Key Features

  • Built in 1939
  • 0.09 acre lot

Property Details

1 story
1 full
1939

Monthly Cost Estimate

$267/mo

20% down · 6.5% · 30 years

Principal$36
Interest$217
Insurance$15

Estimates only. Actual payments may vary.

Location

1238 Leeser Avenue

Akron, OH 44314

Leeser Allotment

Property Details

Construction

VinylSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1238 Leeser Avenue is listed at $49,999. The estimated monthly payment is $217 based on 20% down at 6.5% interest.

Key features include: Built in 1939, 0.09 acre lot.

This property is listed by James P Wise and can be reached at 2166616633 or JamesWise@HoltonWise.com.

JW

James P Wise

Agent at The Holton-Wise Property Group LLC

(216) 661-6633

Listed by The Holton-Wise Property Group LLC · View on Broker Site

MLS# 5199511· Source: listhub· Updated 55 days ago

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1238 Leeser Avenue, Akron, OH 44314

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