Home for Sale at 1129 7th Avenue in Akron, OH for $125,000

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1129 7th Avenue | Akron

$125,000 | 6 Beds | 3 Baths (2 Full, 1 Half) | 2,180 Sq. Ft.

Cash-Flowing Boarding House \u2013 Investor Alert! This property is a true turn-key investment, fully occupied and producing around $3,000/month in rental income. Operating as a boarding house with six rented rooms, it delivers steady cash flow from day one.\r\nThe interior has been completely redone with new floors, paint, drywall, and fixtures, minimizing maintenance and maximizing profitability. Located on a double lot on a desirable corner, the property not only offers strong current returns but also excellent long-term value and potential.While perfect for investors, this home could also serve as an ideal setup for a large or multi-generational family needing plenty of space. With all units occupied and an incredibly high ROI, this is the type of investment that rarely hits the market. 24-hour notice required for all showings. MLSNow 5150507

Directions to property: Arlington St to 7th Ave.

MLS Listing ID: 
MLSNow 5150507
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$125,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Akron
Address: 
1129 7th Avenue, Akron, OH 44306
County: 
Summit
Latitude: 
41.0577360
Longitude: 
-81.4879870
Directions: 
Arlington St to 7th Ave.
Public Remarks: 
Cash-Flowing Boarding House \u2013 Investor Alert! This property is a true turn-key investment, fully occupied and producing around $3,000/month in rental income. Operating as a boarding house with six rented rooms, it delivers steady cash flow from day one.\r\nThe interior has been completely redone with new floors, paint, drywall, and fixtures, minimizing maintenance and maximizing profitability. Located on a double lot on a desirable corner, the property not only offers strong current returns but also excellent long-term value and potential.While perfect for investors, this home could also serve as an ideal setup for a large or multi-generational family needing plenty of space. With all units occupied and an incredibly high ROI, this is the type of investment that rarely hits the market. 24-hour notice required for all showings.
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Emmons Arlington
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
3
Year Built: 
1919
Living Area: 
2,180
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Aluminum Siding
Roof: 
Asphalt,Fiberglass
Porch: 
Porch
Room Details
Details about the rooms in the building.
Total Rooms: 
8
Total Bedrooms: 
6
Total Bathrooms: 
3
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
1
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.2
Lot Size (Area): 
0.2
Lot Features
Parking Type: 
Driveway,No Garage,Paved
Public Record
Parcel Number: 
6721194
Annual Tax: 
$1,220.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Real Integrity

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