12 Lake ST new

Akron,OH 44301

$ 85000

4 Beds

3 Baths

2160 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $39

Subdivision Miller & Long Allotment

MLS Listing ID 5115860

Bedrooms 4

Full Baths 3

Construction Status Fixer

HOA Y/N No

Abv Grd Liv Area 2,160

Year Built 1920

Annual Tax Amount $2,160

Tax Year 2023

Lot Size 6,150 Sqft

Acres 0.1412

Property Sub-Type Triplex

Property Description

Akron Triplex – Prime Investment Opportunity!

This value-add property offers immediate income with significant upside potential. The lower unit is a 2-bedroom, 1-bath, currently tenant-occupied, Section 8 compliant, and generating $772/month on a month-to-month lease. The two upstairs units are both 1-bedroom, 1-bath and are currently vacant—perfect for renovation and increased rental income. Each unit is separately metered for gas and electric, making tenant management simple and efficient. With some updates, this triplex could deliver excellent cash flow in a high-demand rental area. Sold As-Is.

Location

State OH

County Summit

Rooms

Basement None

Interior

Heating Electric

Cooling Central Air

Fireplace No

Exterior

Parking Features Asphalt

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Story 2

Sewer Other

Water Public

Level or Stories Two

Construction Status Fixer

Schools

School District Akron Csd - 7701

Others

Tax ID 6818742

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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