Property Description
This is a beat-up Akron, Ohio BRRRR opportunity. This ugly, scuzzy property is exactly the kind of deal most investors are afraid of?but 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 & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Other
Cooling: Other
Days on Market: 23
Heating: Forced Air
Home Style: Ranch
Lot Size: 0.09 Acres
Roof Type: Asphalt, Shingle
Stories: 1.0
Taxes: $1,856 / year
Year Built: 1939
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 6737504
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Akron City
1238 Leeser Avenue | MLS# 5199511
This single family home located at 1238 Leeser Avenue, Akron, OH 44314 is currently listed for sale with an asking price of $49,999. This property was built in 1939 and has 2 bedrooms and 1 full baths. Leeser Avenue is located in the Leeser Allotment subdivision within the Akron City school district. Search Leeser Allotment real estate on www.kaszycarealestate.com today.