103 N Portage Path - Multi-Family FOR SALE


Akron, OH 44303- Highland Square
$339,900 USD
330-414-2305
103 N Portage Path, Akron, OH for Sale
$339,900 USD
Multi-Family - FOR SALE
1/40
null | 7% Cap Rate

103 N Portage Path
Akron, OH 44303
Highland Square


OVERVIEW

Investor alert! Discover a fantastic opportunity to house hack and build your real estate portfolio with this charming duplex, ideally located just moments from the vibrant culture and lifestyle of Highland Square! Currently configured as a duplex with separate entrances for each unit, this property offers immediate income potential and exciting future possibilities. Imagine living in one unit while renting out the others! The main floor unit is now vacant and move-in ready, featuring : 2 spacious bedrooms, 2 full bathrooms, An updated kitchen boasting stainless steel appliances. The upper two-story unit is currently tenant-occupied, providing immediate cash flow. But the potential doesn't stop there! This property offers the unique ability to be converted into a 4-plex, allowing you to maximize your rental income. Envision the possibilities of transforming the basement and the expansive upper two floors into additional units. The current owner enjoyed a strong 9% cap rate when both units were rented, highlighting the income-generating power of this property. Don't miss this chance to own a versatile property with character and tremendous upside in a highly desirable location. Whether you're looking to house hack, expand your investment portfolio, or create a multi-generational living space, this property offers the flexibility to meet your needs. Don't let this incredible opportunity pass you by. Contact us today to schedule a viewing and explore this property's endless possibilities!

FOR SALE DETAILS

PRICE

$339,900 USD

PRICE/SF

$90 USD /SF

# OF UNITS

2

PRICE/UNIT

$169,950

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Portage Path

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,492 SF

ZONING

-

APN/PARCEL ID

67-36569

ASK ABOUT THIS PROPERTY

Luke O'NeillElite Sales TeamMore Info
330-414-2305

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Luke O'NeillElite Sales TeamMore Info
330-414-2305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.