64 Adolph St Akron, OH 44304
- Commercial real estate
- 0.11 lot acres
Current Use by Public Records
- LawnStarter Lawn Care Service / Lawn Care Service
Property Details for 64 Adolph St
- Year built
- 1899
- Lot size
- 0.11 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a six (potentially seven) bedroom property ideally situated near the University of Akron and Summa Health Systems main campus. Currently generating income, six of the bedrooms are rented under leases extending through July 2025, providing immediate return on investment. The property sits on a 0.11-acre lot at 64 S Adolph Street, Akron, OH. The exact square footage is currently unavailable. This location offers significant advantages, benefiting from high student occupancy rates and proximity to a major medical center, ensuring consistent demand for rental units. The potential for a seventh bedroom adds further upside to this already attractive investment. This property is priced competitively at $129,900, making it an excellent addition to any portfolio seeking strong rental income and long-term appreciation potential. The existing leases provide immediate cash flow, minimizing vacancy risk and maximizing return. Given its location and rental history, this property represents a compelling opportunity for investors seeking a stable and profitable venture in a thriving Akron neighborhood. Serious inquiries are encouraged to explore this promising investment further. Further details regarding the property's condition and potential for expansion are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.50281
- Latitude
- 41.07755
