Home for Sale at 628 Lakemont Avenue in Akron, OH for $89,900

Javascript is required to view this map.
Printable Map

628 Lakemont Avenue | Akron

$89,900 | 3 Beds | 1 Baths (1 Full) | 1,297 Sq. Ft.

Excellent opportunity to add a cash-flowing investment property to your portfolio, or the perfect opportunity to make this house your HOME. This 3-bedroom, 1-bath single-family home offers approximately 1,352 square feet of living space and is conveniently located in Akron\u2019s Kenmore area.\r\nThe property is currently occupied by a tenant who has been in place for approximately one year and would love the opportunity to remain after the sale, creating immediate and stable income for the next owner from day one. Current rent is $1,245 per month, offering strong cash-flow potential with additional upside over time.\r\nThe home is in typical lived-in rental condition and provides investors the opportunity to continue generating income while making cosmetic improvements over time as desired. Features include a spacious layout, full basement, and off-street parking \u2014 all contributing to the property\u2019s overall rental appeal and long-term value.\r\nWhether you are looking to expand your current portfolio or purchase your first investment property, this home offers stable occupancy, strong rental income, and future upside potential. Seller recently completed an appraisal with the value coming back at $95,000, providing additional confidence in the opportunity here.\r\nGreat opportunity you do not want to miss \u2014 call today to schedule your private showing! MLSNow 5215968

Directions to property: West off of Manchester Road

MLS Listing ID: 
MLSNow 5215968
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$89,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Akron
Address: 
628 Lakemont Avenue, Akron, OH 44314
County: 
Summit
Latitude: 
41.0595200
Longitude: 
-81.5511420
Directions: 
West off of Manchester Road
Public Remarks: 
Excellent opportunity to add a cash-flowing investment property to your portfolio, or the perfect opportunity to make this house your HOME. This 3-bedroom, 1-bath single-family home offers approximately 1,352 square feet of living space and is conveniently located in Akron\u2019s Kenmore area.\r\nThe property is currently occupied by a tenant who has been in place for approximately one year and would love the opportunity to remain after the sale, creating immediate and stable income for the next owner from day one. Current rent is $1,245 per month, offering strong cash-flow potential with additional upside over time.\r\nThe home is in typical lived-in rental condition and provides investors the opportunity to continue generating income while making cosmetic improvements over time as desired. Features include a spacious layout, full basement, and off-street parking \u2014 all contributing to the property\u2019s overall rental appeal and long-term value.\r\nWhether you are looking to expand your current portfolio or purchase your first investment property, this home offers stable occupancy, strong rental income, and future upside potential. Seller recently completed an appraisal with the value coming back at $95,000, providing additional confidence in the opportunity here.\r\nGreat opportunity you do not want to miss \u2014 call today to schedule your private showing!
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Portage Heights
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1920
Living Area: 
1,297
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Vinyl Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Rooms: 
6
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: 
0.11
Lot Size (Area): 
0.11
Lot Size (Dimensions): 
40x120
Lot Features
Parking Type: 
Unpaved
Public Record
Parcel Number: 
6800305
Annual Tax: 
$1,740.00
Contract Details
Details about the listing contract.
Possession: 
Other
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX Edge Realty

Request More Information