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228 Cole Ave

Akron OH 44301

4
4
3360 sq. ft.
0.13 ac.
Duplex
Currently for sale - view listing

Overview

House Hack Opportunity! A great opportunity for owner-occupants, FHA buyers, and investors—this solid brick 4-unit multifamily property offers a rare opportunity to live in one unit while collecting rental income from the other three. Whether you’re looking to reduce your monthly housing costs or start building your real estate portfolio, this property checks all the boxes. Each spacious unit features 1 bedroom, 1 bathroom, a living room, dining room, and a bonus room. The property is currently fully occupied, with two units renting for $500/month and two units renting for $750/month, providing immediate cash flow with room to increase rents over time. Looking for even more upside? The lower level offers the potential to be finished and converted into two additional units

Features

4 bedrooms
4 bathrooms
3360 sq. ft. floor area
0.13 ac. lot size
Duplex

Property history for 228 Cole Ave

2017
Sold
$20,000
05 Apr 2017 by Keary Motz, of REM COMMERCIAL

Happy sellers in Akron

92%
92% of sellers in Akron reported that their sale price either exceeded or met their price expectations.

Akron stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Akron over the last 12 months.

Local market activity for 4 bedroom duplexes in Akron

In the last 12 months, 11 four-bedroom duplexes similar to 228 Cole Ave, have been sold.

This represents a 83% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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