About This Home
This 6-bedroom, 2-bathroom townhouse at 382 MADISON AVENUE in Akron, OH is listed for $140,000 ($43 per sqft). Built in 1924, the home offers 3,277 sqft of living space on a N/A lot.
Key Features
- Built in 1924
Property Details
ATTENTION INVESTORS! TURNKEY, FULLY OCCUPIED & CASH FLOWING FROM DAY ONE! Exceptional opportunity to acquire a well-maintained duplex w/6 total bedrooms, recent cosmetic updates, two quality tenants already in place. Current photos are recent & reflect the property's current condition.
Each spacious unit offers 3 bedrooms, a smart & comfortable floor plan, gleaming hardwood floors, modern kitchens & baths, attractive finishes designed to provide comfortable living and help attract long-term tenants. Charming exterior combines brick & shake-style siding for excellent curb appeal.
Both units are separately metered, including water, w/tenants responsible for all utilities. Current month-to-month rents are $850 and $799 per month, both quality tenants would like to remain. Provides immediate income from day one w/flexibility of month-to-month leases & potential future rental upside.
Property has been professionally managed, management can remain in place for a seamless transition or be changed at the buyer's discretion. Additional improvements include an updated electrical system w/breaker panel & one newer furnace. Excellent opportunity for a first-time investor looking for an easy entry into rental real estate or an experienced investor seeking to add another performing property to their portfolio.
PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS WILL ONLY BE PERMITTED AFTER AN ACCEPTABLE OFFER HAS BEEN RECEIVED. Serious, qualified buyers only. No wholesalers and no owner financing.
Monthly Cost Estimate
$749/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
382 MADISON AVENUE
Akron, OH 44320
Questions & Answers
This 6-bedroom, 2-bathroom townhouse at 382 MADISON AVENUE is listed at $140,000 ($43/sqft). The estimated monthly payment is $749 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1924.
This property is listed by Christopher Frederick and can be reached at 2162107653.