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Property profile & analytics
OFF-MARKET
Residential income homes

281 Lloyd St Akron, OH 44301

Property ID
US66-1350760
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Residential income homes
UPID US66-1350760
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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