6
Beds
2
Baths
2,080
Sq Ft
8,960
Sq Ft Lot
Highlights
- City View
- Corner Lot
- Forced Air Heating System
- Property is near public transit
- Public Transportation
- 5-minute walk to Chestnut Ridge Park
About This Home
As of November 20246-Bedroom Duplex in Prime Location!
Don’t miss this rare opportunity to own a spacious 6-bedroom duplex, perfect for investors or those looking to maximize rental income!
Key Features:
• Income Potential: Each unit can easily rent for $1,200-$1,400 per month, with the added advantage of being Section 8 approved for guaranteed rental income at above-average rates.
• Recent Upgrades: The roof is less than 10 years old, with new windows, fresh paint, and brand-new carpeting installed in 2024. Both units are equipped with new furnaces and newer Rheem hot water tanks, ensuring comfort and efficiency for years to come.
• Buildable Extra Lot: The additional lot offers potential for future development, making this property even more appealing.
• Stability & Community: Previous tenants enjoyed long-term stays of 11 and 17 years, showcasing the desirability of the location.
• Prime Location: Conveniently situated near a school, interstate access, and a park with controlled entry, providing both tranquility and accessibility.
• Community Investment: Neighboring Prentiss Park has recently received $150,000 for enhancements through the Akron Parks Challenge, promising a vibrant community space.
• Educational Hub: Within one mile of the new South Performing Arts School and the Pfieffer Elementary Campus, ensuring a strong family-oriented environment.
• Cultural Vibrance: Join the thriving atmosphere of Kenmore, home to popular monthly First Friday Art & Live Music events, solidifying Kenmore Blvd as Akron's Undisputed Music Row.
This duplex is a fantastic investment opportunity in a dynamic and growing community. Schedule your viewing today and see the potential for yourself! Awesome potential ROI/Cap Rate!
Each unit has 3 bedrooms, one bath, laundry hookups in the kitchen, a large living room, a dining room, good closet space, and private entrances. Each units has been painted, new carpet installed, new electric panels. Roof and windows are approx. 8 years
Last Agent to Sell the Property
Coldwell Banker Schmidt Realty Brokerage Email: eric.cooper@cbschmidtohio.com 330-696-2068 License #2010002083 Listed on: 10/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,763
Year Built
- Built in 1958 | Remodeled
Lot Details
- 8,960 Sq Ft Lot
- Street terminates at a dead end
- West Facing Home
- Partially Fenced Property
- Wire Fence
- Corner Lot
- Back and Front Yard
Home Design
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 2,080 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- City Views
Kitchen
- Range
- Laminate Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- Private Parking
- Common or Shared Parking
- Gravel Driveway
- On-Site Parking
- Parking Lot
Location
- Property is near public transit
- Property is near a golf course
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Highland Homes Allotment Subdivision
- Public Transportation
- Operating Expense $2,500
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- The owner pays for all utilities, trash collection, water
- Assessor Parcel Number 6712302
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2024
Closed on
Nov 25, 2024
Sold by
Scalabroni Angelo
Bought by
Akron City Rentals Llc
Seller's Agent
Eric Cooper
Coldwell Banker Schmidt Realty
Buyer's Agent
Debbie Ferrante
RE/MAX Edge Realty
List Price
$158,000
Sold Price
$158,000
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,549
Avg. Annual Appreciation
-7.32%
Original Mortgage
$118,500
Outstanding Balance
$117,616
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$32,200
Purchase Details
Listed on
Oct 24, 2024
Closed on
Sep 27, 2024
Sold by
Speegle Helen M and Speegle Mark E
Bought by
Scalabroni Angelo
Seller's Agent
Eric Cooper
Coldwell Banker Schmidt Realty
Buyer's Agent
Debbie Ferrante
RE/MAX Edge Realty
List Price
$158,000
Sold Price
$158,000
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Outstanding Balance
$117,616
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$32,200
Purchase Details
Closed on
Feb 1, 2017
Sold by
Nehrenz George W and Nehrenz Roberta L
Bought by
Speegle Mark E and Speegle Helen M
Purchase Details
Closed on
Mar 29, 2001
Sold by
Nehrenz George W and Nehrenz Roberta L
Bought by
Speegle Mark E and Speegle Helen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
7.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 14, 1999
Sold by
Nehrenz George W
Bought by
Nehrenz George W and Nehrenz Roberta L
Similar Homes in Akron, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $158,000 | Chicago Title | |
| Warranty Deed | $158,000 | Chicago Title | |
| Warranty Deed | $132,000 | Chicago Title | |
| Survivorship Deed | $68,000 | Bennett Land Title | |
| Land Contract | $68,000 | -- | |
| Interfamily Deed Transfer | -- | Endress Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $118,500 | New Conventional | |
| Closed | $118,500 | New Conventional | |
| Previous Owner | $61,200 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $158,000 | 0.0% | $76 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $158,000 | +19.2% | $76 / Sq Ft |
| 09/27/2024 09/27/24 | Sold | $132,500 | +1.9% | $64 / Sq Ft |
| 09/14/2024 09/14/24 | Pending | -- | -- | -- |
| 09/12/2024 09/12/24 | For Sale | $130,000 | -- | $63 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,929 | $30,377 | $9,307 | $21,070 |
| 2024 | $1,929 | $30,377 | $9,307 | $21,070 |
| 2023 | $1,929 | $30,377 | $9,307 | $21,070 |
| 2022 | $1,427 | $18,053 | $5,474 | $12,579 |
| 2021 | $1,111 | $15,635 | $3,056 | $12,579 |
| 2020 | $1,095 | $15,640 | $3,060 | $12,580 |
| 2019 | $1,199 | $15,640 | $3,400 | $12,240 |
| 2018 | $1,184 | $15,640 | $3,400 | $12,240 |
| 2017 | $1,592 | $15,640 | $3,400 | $12,240 |
| 2016 | $1,593 | $21,000 | $4,560 | $16,440 |
| 2015 | $1,592 | $21,000 | $4,560 | $16,440 |
| 2014 | $1,580 | $21,000 | $4,560 | $16,440 |
| 2013 | $1,728 | $23,560 | $4,560 | $19,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Eric Cooper
Coldwell Banker Schmidt Realty
(330) 696-2068
21 in this area
164 Total Sales
-
Buyer's Agent in 2024
Debbie Ferrante
RE/MAX
(330) 958-8394
56 in this area
2,473 Total Sales
-
Buyer's Agent in 2024
Jose Medina
Keller Williams Legacy Group Realty
(330) 433-6014
18 in this area
3,013 Total Sales
-
L
Buyer Co-Listing Agent in 2024
Lauren Massolini
Keller Williams Legacy Group Realty
(330) 515-1947
1 in this area
27 Total Sales
Map
Source: MLS Now
MLS Number: 5080157
APN: 67-12302
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