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About This Home

This 3-bedroom, 1-bathroom single family at 628 Lakemont Avenue in Akron, OH is listed for $89,900 ($69 per sqft). Built in 1920, the home offers 1,297 sqft of living space on a 0.11 acres lot.

Agent Description

Excellent opportunity to add a cash-flowing investment property to your portfolio, or the perfect opportunity to make this house your HOME. This 3-bedroom, 1-bath single-family home offers approximately 1,352 square feet of living space and is conveniently located in Akron's Kenmore area.

The property is currently occupied by a tenant who has been in place for approximately one year and would love the opportunity to remain after the sale, creating immediate and stable income for the next owner from day one. Current rent is $1,245 per month, offering strong cash-flow potential with additional upside over time.

The home is in typical lived-in rental condition and provides investors the opportunity to continue generating income while making cosmetic improvements over time as desired. Features include a spacious layout, full basement, and off-street parking - all contributing to the property's overall rental appeal and long-term value.

Whether you are looking to expand your current portfolio or purchase your first investment property, this home offers stable occupancy, strong rental income, and future upside potential. Seller recently completed an appraisal with the value coming back at $95,000, providing additional confidence in the opportunity here. Great opportunity you do not want to miss - call today to schedule your private showing!

Key Features

  • Built in 1920
  • 0.11 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full
1920

Amenities

Fireplace

Monthly Cost Estimate

$481/mo

20% down · 6.5% · 30 years

Principal$65
Interest$390
Insurance$26

Estimates only. Actual payments may vary.

Location

628 Lakemont Avenue

Akron, OH 44314

Portage Heights

Property Details

Construction

VinylSiding

Parking

Paved or Surfaced

Heating

Forced AirNatural Gas

Questions & Answers

This 3-bedroom, 1-bathroom single family at 628 Lakemont Avenue is listed at $89,900 ($69/sqft). The estimated monthly payment is $390 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.11 acre lot, 2 stories, Fireplace.

This property is listed by Tim Finn Jr and can be reached at 3303225833 or tim@timmfinn.com.

TJ

Tim Finn Jr

Agent at RE/MAX Edge Realty

(330) 322-5833

Listed by RE/MAX Edge Realty · View on Broker Site

MLS# 5216892· Source: listhub· Updated 1 days ago

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628 Lakemont Avenue, Akron, OH 44314

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