Property Description
RARE 6-BEDROOM LAKEFRONT DUPLEX in highly desirable Portage Lakes. This fully renovated waterfront property features two spacious 3-bedroom units, is fully occupied, and generates $3,340 per month in total revenue. Opportunities combining six total bedrooms, direct lakefront location, turnkey condition, and strong in-place income are exceptionally difficult to find. With the major renovation work already completed, an investor can step into immediate cash flow and have peace of mind for low long-term expenses.
Located directly on the water in highly desirable Portage Lakes, the property also offers compelling short-term rental and vacation rental potential. The waterfront setting, 3-bedroom layouts, and proximity to boating, recreation, dining, and lake activities create an opportunity to potentially reposition one or both units for future Airbnb, VRBO, or other short-term rental use.
Opportunities like 3400 S Main St are difficult to find: a fully renovated, fully occupied multifamily property located directly on the water in Portage Lakes, already producing $3,340 per month in total revenue. The property combines immediate cash flow with a setting that also creates compelling future short-term rental, Airbnb, and vacation rental potential. For investors seeking a waterfront multifamily asset in Northeast Ohio, this is a rare combination of stabilized income, completed renovations, desirable lakefront location, and multiple paths for future upside.
Current leases, rent information, and property financials are available upon request.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Multi Units
Days on Market: 7
Heating: Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $4,271 / year
Year Built: 1957
Amenities
Balcony
Fire Pit
Private Yard
Feature Descriptions
Exterior: Vinyl Siding
Fencing: Back Yard, Front Yard
Lot: Back Yard, Lake Front
Parcel#: 1907960
Parking: Driveway
Patio/Porch: Balcony
Sewer: Public Sewer
Water: Public
Water Features: Lake Front
Local Schools
School District: Coventry Local
3400 S Main Street | MLS# 5248166
This multi-family property located at 3400 S Main Street, Akron, OH 44319 is currently listed for sale with an asking price of $395,000. S Main Street is located within the Coventry Local school district. Search Akron real estate on www.kaszycarealestate.com today.