Home for Sale at 1238 Leeser Avenue in Akron, OH for $49,999

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1238 Leeser Avenue | Akron

$49,999 | 2 Beds | 1 Baths (1 Full) | 0.0 Sq. Ft.

This is a beat-up Akron, Ohio BRRRR opportunity. This ugly, scuzzy property is exactly the kind of deal most investors are afraid of\u2014but that fear is where the equity is created. With a purchase price around $50,000, an estimated $30,000 renovation, a projected $100,000 ARV, and potential rent around $1,250/month, this Akron rental could create roughly $20,000 in equity for the investor willing to take on the rehab. Professional management and renovation services are available to help with the full process, including purchase, insurance, renovation, refinance, tenant placement, Section 8 certification, and property management, making this a potential hands-off BRRRR play for out-of-state investors looking to build wealth in Northeast Ohio. Email agent for market rent roll \u0026 video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building. MLSNow 5199511

Directions to property: Head North at the East Ave \u0026 Kenmore Ave intersection. Continue North on East Ave then turn west onto Leeser Ave. The house will be on the left hand side.

MLS Listing ID: 
MLSNow 5199511
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$49,999
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Akron
Address: 
1238 Leeser Avenue, Akron, OH 44314
County: 
Summit
Latitude: 
41.0471510
Longitude: 
-81.5711010
Directions: 
Head North at the East Ave \u0026 Kenmore Ave intersection. Continue North on East Ave then turn west onto Leeser Ave. The house will be on the left hand side.
Public Remarks: 
This is a beat-up Akron, Ohio BRRRR opportunity. This ugly, scuzzy property is exactly the kind of deal most investors are afraid of\u2014but that fear is where the equity is created. With a purchase price around $50,000, an estimated $30,000 renovation, a projected $100,000 ARV, and potential rent around $1,250/month, this Akron rental could create roughly $20,000 in equity for the investor willing to take on the rehab. Professional management and renovation services are available to help with the full process, including purchase, insurance, renovation, refinance, tenant placement, Section 8 certification, and property management, making this a potential hands-off BRRRR play for out-of-state investors looking to build wealth in Northeast Ohio. Email agent for market rent roll \u0026 video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building.
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Leeser Allotment
Building Details
Details about the building on a property.
Architectural Style: 
Ranch
Stories: 
1
Year Built: 
1939
Living Area: 
0.0
Basement: 
Other
Construction
Construction Materials: 
Vinyl Siding
Roof: 
Asphalt,Shingle
Room Details
Details about the rooms in the building.
Total Rooms: 
5
Total Bedrooms: 
2
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
Cooling System: 
Other
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
0.09
Lot Features
Parking Type: 
Driveway
Public Record
Parcel Number: 
6737504
Annual Tax: 
$1,856.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
The Holton-Wise Property Group LLC

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