Home for Sale at 525 Reed Avenue in Akron, OH for $129,000

525 Reed Avenue | Akron

$129,000 | 4 Beds | 2 Baths (2 Full) | 1,734 Sq. Ft.

Homeowners looking to create your own vision? or excellent Investor Opportunity in Firestone Park! Spacious 4-bedroom, 2-bath home offering 1,472 sq. ft. plus an additional 262 finished sq. ft. in the basement. This property presents an excellent opportunity to add value without taking on a major structural renovation. Most of the work needed consists of cosmetic updates, along with minor repairs such as finishing some drywall, updating bathroom fixtures, and potentially completing a partial kitchen remodel to maximize the home\u0027s appeal. The home currently features laminate flooring throughout much of the living space, which can be removed quickly and cost-effectively, allowing buyers to move efficiently into their preferred flooring installation with minimal demolition, labor, and disposal costs.\r\n\r\nSeveral major improvements have already been completed, including a furnace installed in 2021, central air conditioning less than 5 years old, and a roof estimated to be less than 10 years old, helping reduce upfront renovation expenses.\r\n\r\nSituated on a large corner lot in desirable Firestone Park, the location offers convenient access to I-77, shopping, dining, and everyday conveniences. Nearby amenities include Garfield Community Learning Center, Voris Community Learning Center, Firestone Park Library, grocery stores, and shopping plazas with restaurants, making this an attractive location for future homeowners and tenants alike.\r\n\r\nAdding to its investment appeal, the home was previously utilized as a multi-family property and features two separate entrances, creating potential opportunities for future income-producing use, multi-generational living, or a possible duplex conversion (buyer to verify zoning and permitted uses).\r\n\r\nIdeal for investors, flippers, landlords, or owner-occupants looking to build equity and add value. Bring your vision and unlock the potential this property has to offer! MLSNow 5255815

Directions to property: From I-77, take the E. Wilbeth Road exit. Head west on east Wilbeth Road to Brown St. Turn Right onto Brown Street, then right onto Reed Avenue. Continue to 525 Reed Ave.

MLS Listing ID: 
MLSNow 5255815
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$129,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Akron
Address: 
525 Reed Avenue, Akron, OH 44301
County: 
Summit
Latitude: 
41.0427800
Longitude: 
-81.5079950
Directions: 
From I-77, take the E. Wilbeth Road exit. Head west on east Wilbeth Road to Brown St. Turn Right onto Brown Street, then right onto Reed Avenue. Continue to 525 Reed Ave.
Public Remarks: 
Homeowners looking to create your own vision? or excellent Investor Opportunity in Firestone Park! Spacious 4-bedroom, 2-bath home offering 1,472 sq. ft. plus an additional 262 finished sq. ft. in the basement. This property presents an excellent opportunity to add value without taking on a major structural renovation. Most of the work needed consists of cosmetic updates, along with minor repairs such as finishing some drywall, updating bathroom fixtures, and potentially completing a partial kitchen remodel to maximize the home\u0027s appeal. The home currently features laminate flooring throughout much of the living space, which can be removed quickly and cost-effectively, allowing buyers to move efficiently into their preferred flooring installation with minimal demolition, labor, and disposal costs.\r\n\r\nSeveral major improvements have already been completed, including a furnace installed in 2021, central air conditioning less than 5 years old, and a roof estimated to be less than 10 years old, helping reduce upfront renovation expenses.\r\n\r\nSituated on a large corner lot in desirable Firestone Park, the location offers convenient access to I-77, shopping, dining, and everyday conveniences. Nearby amenities include Garfield Community Learning Center, Voris Community Learning Center, Firestone Park Library, grocery stores, and shopping plazas with restaurants, making this an attractive location for future homeowners and tenants alike.\r\n\r\nAdding to its investment appeal, the home was previously utilized as a multi-family property and features two separate entrances, creating potential opportunities for future income-producing use, multi-generational living, or a possible duplex conversion (buyer to verify zoning and permitted uses).\r\n\r\nIdeal for investors, flippers, landlords, or owner-occupants looking to build equity and add value. Bring your vision and unlock the potential this property has to offer!
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Firestone Park
Building Details
Details about the building on a property.
Architectural Style: 
Cape Cod
Year Built: 
1928
Living Area: 
1,734
Basement: 
Partially Finished,Walk-Up Access
Interior: 
Jetted Tub
Construction
Construction Materials: 
Aluminum Siding
Roof: 
Asphalt
Porch: 
Deck
Room Details
Details about the rooms in the building.
Total Rooms: 
7
Total Bedrooms: 
4
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.17
Lot Size (Area): 
0.17
Lot Features
Parking Type: 
Detached,Garage
Public Record
Parcel Number: 
6841022
Annual Tax: 
$2,003.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Homestead Exemption
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX Edge Realty

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