870 Frederick Boulevard | Akron
****6/3/26: Tenant Occupied at $1150/mo thru 6/3/27. Tenant pays utilities. Strong investment opportunity in Akron with strong rental potential, multiple value-add options, and long-term upside. Located at 870 Frederick Blvd, this well-maintained property offers immediate appeal for both investors and owner-occupants seeking space, functionality, and future income growth. 2025 Section 8 rent determination of $1,431 per month, creating an attractive benchmark for cash-flow focused buyers. Inside, the finished attic serves as a huge primary bedroom, adding highly desirable usable living space. The basement is partially finished and can easily be completed into a large 4th bedroom, while an additional bonus room presents the opportunity for a potential 5th bedroom, office, or flex space depending on buyer needs. Major mechanicals have been well cared for, with a roof approximately 5 years old, heating and cooling systems around 10 years old, a newer electrical panel, and overall pride of ownership evident throughout. Minimal deferred maintenance combined with multiple ways to increase functionality and income make this a standout opportunity. Conveniently located near shopping, schools, parks, and major highway access, this property is ideal for investors looking for dependable cash flow with upside, or buyers wanting a spacious home with room to grow. Professional property management resources are available for out of state investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Full financial analysis available upon request. Schedule your showing today. MLSNow 5202240
Directions to property: South of Peckham St and Frederick Blvd
