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About This Home

This 5-bedroom, 3-bathroom residential multi family at 840 Work Drive in Akron, OH is listed for $99,500 ($35 per sqft). Built in 1914, the home offers 2,880 sqft of living space on a 0.13 acres lot.

Agent Description

Attention investors & owner-occupied buyers looking for an affordable duplex opportunity w/immediate income potential! Units have been remodeled & is currently rented to an excellent long-term tenant for $875 per month, while the vacant first-floor unit offers the opportunity for owner occupancy or additional rental cash flow after a few minor updates.

Perfect first investment property or a great addition to your current portfolio. Professionally managed property has been part of the owner's real estate portfolio for over 20 years and offers quality updates throughout, a fenced yard, large driveway with ample parking and a relaxing front porch.

First-floor unit is easy to show and features 2 bedrooms, spacious light-filled rooms & solid overall condition, but does need some cosmetic updates from a prior minor plumbing leak. Occupied second-floounit shows beautifully & offers 2 finished levels w/3 bedrooms & 2 full baths, creating excellent rental appeal & strong long-term income potential.

Full basement provides additional storage and utility space. Excellent opportunity for investors seeking stable income w/upside potential or owner-occupants looking to offset their mortgage with rental income. Affordable pricing makes this a smart investment in today's market. First-floor unit available for showings. Second-floor tenant-occupied unit may be shown after accepted offer. No wholesalers, no owner financing and qualified buyers only please.

Key Features

  • Built in 1914
  • 0.13 acre lot
  • 3 stories

Property Details

3 stories
3 full, 1 half
1914

Monthly Cost Estimate

$532/mo

20% down · 6.5% · 30 years

Principal$72
Interest$431
Insurance$29

Estimates only. Actual payments may vary.

Location

840 Work Drive

Akron, OH 44320

Parkwood

Property Details

Construction

WoodSiding

Parking

On Street

Heating

Natural GasForced Air

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 840 Work Drive is listed at $99,500 ($35/sqft). The estimated monthly payment is $431 based on 20% down at 6.5% interest.

Key features include: Built in 1914, 0.13 acre lot, 3 stories.

This property is listed by Christopher A Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.

CF

Christopher A Frederick

Agent at Coldwell Banker Schmidt Realty

(216) 210-7653

Listed by Coldwell Banker Schmidt Realty · View on Broker Site

MLS# 5212248· Source: listhub· Updated 11 days ago

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840 Work Drive, Akron, OH 44320

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