281 Lloyd St Akron, OH 44301
This exceptional investment opportunity presents a four-bedroom boarding house located at 281 Lloyd St, Akron, OH 44301, in Summit County. The property is classified as a Class B multifamily building and is currently generating a monthly rental income of $1,509. However, with strategic management and potential lease adjustments, the monthly rental income could significantly increase to an estimated $2,055. The property's current monthly utility expenses are $360. This represents a substantial potential for increased cash flow and return on investment. The asking price for this Akron, Ohio property is $90,000. This presents a compelling opportunity for investors seeking a strong return in a stable market. The property's location in Akron offers convenient access to local amenities and transportation networks. Serious inquiries are encouraged to explore this promising investment prospect further. Detailed financial statements and property information are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.