Home for Sale at 974 Lovers Lane in Akron, OH for $70,000

974 Lovers Lane | Akron

$70,000 | 3 Beds | 1 Baths (1 Full) | 1,105 Sq. Ft.

Investor special with strong upside potential! This house was previously rented for $1,395 per month, and Section 8 payment standards now allow up to $1,431 for a 3 bedroom house in this zip code. Ideal for BRRR investors, rehabbers, or flippers! The home features a brand new hot water tank and many cosmetic updates throughout, but still needs a bit of TLC and some finishing touches to become rent-ready. The property will likely require a new main plumbing stack, and the roof is nearing the end of it\u0027s lifespan. Turnkey houses in the immediate area are selling for $120,000 or higher. This value-add opportunity offers an easy chance to gain equity quickly. Sold as-is. Seller will not entertain seller financing or creative financing offers. Price reflects condition. MLSNow 5210265

Directions to property: From I-77 S: Take exit 24 towards Arlington St. Keep right towards Arlington St. Turn right onto 5th Ave. Turn left onto Arlington St. Turn right onto Lovers Ln.

MLS Listing ID: 
MLSNow 5210265
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$70,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Akron
Address: 
974 Lovers Lane, Akron, OH 44306
County: 
Summit
Latitude: 
41.0542190
Longitude: 
-81.4935870
Directions: 
From I-77 S: Take exit 24 towards Arlington St. Keep right towards Arlington St. Turn right onto 5th Ave. Turn left onto Arlington St. Turn right onto Lovers Ln.
Public Remarks: 
Investor special with strong upside potential! This house was previously rented for $1,395 per month, and Section 8 payment standards now allow up to $1,431 for a 3 bedroom house in this zip code. Ideal for BRRR investors, rehabbers, or flippers! The home features a brand new hot water tank and many cosmetic updates throughout, but still needs a bit of TLC and some finishing touches to become rent-ready. The property will likely require a new main plumbing stack, and the roof is nearing the end of it\u0027s lifespan. Turnkey houses in the immediate area are selling for $120,000 or higher. This value-add opportunity offers an easy chance to gain equity quickly. Sold as-is. Seller will not entertain seller financing or creative financing offers. Price reflects condition.
Community Information
School District: 
Akron CSD - 7701
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1925
Living Area: 
1,105
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Unknown
Roof: 
Asphalt,Fiberglass
Porch: 
Front Porch,Patio
Room Details
Details about the rooms in the building.
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
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: 
0.1
Lot Size (Area): 
0.1
Lot Features
Parking Type: 
Driveway
Additional Details
Appliances: 
Range,Refrigerator
Public Record
Parcel Number: 
6807900
Annual Tax: 
$1,418.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Chervenic Rlty

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