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656 Hammel Street

Akron OH 44306

6
2
2
1995 sq. ft.
0.11 ac.
Duplex
Currently for sale - view listing

Overview

Turnkey, cash-flowing duplex in East Akron! This fully updated and rent-ready property is an excellent opportunity for both investors and owner-occupants looking to offset their mortgage with rental income. The exterior features a newer dimensional shingle roof, low-maintenance vinyl and aluminum siding, and a detached 1.5-car garage. Inside, both units have been thoughtfully updated with vinyl replacement windows, new LVP flooring, fresh carpet in all bedrooms, updated bathrooms with new vanities and shower surrounds, and modern finishes throughout. The first-floor unit boasts a beautifully updated kitchen with new cabinets and countertops, plus an enclosed front porch for additional convenience. Adding character rarely found in rental properties, the dining rooms feature custom built-in wood shelving with leaded glass cabinet doors. The second-floor unit includes an enclosed porch and offers even more living space with a finished third-floor bedroom and bonus tandem room—perfect for a home office, walk-in closet, or additional flex space. Newer furnaces and updated 100 amp panels add to the value of this house as a ready to go investment property. The upper unit already has a tenant preparing to move in, providing immediate income potential, wile the first floor is turnkey and ready for you to place your own tenant. With current Section 8 payment standards allowing up to $1,142 per month for a 2-bedroom unit, this property offers strong cash-flow potential and is positioned to be a true cash cow for the next owner. Whether you're looking to expand your portfolio or secure a low-maintenance investment with major updates already completed, this East Akron duplex is ready to start generating returns from day one.

Features

6 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1995 sq. ft. floor area
0.11 ac. lot size
Duplex

Property history for 656 Hammel Street

2022
Sold
$110,000
29 Aug 2022 by Megan Maerean, of Century 21 HomeStar

Happy sellers in Akron

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We have insufficient information to provide an overview of customer satisfaction for Akron. Viewing the agent profiles, reviews and sales for Akron can provide insights for this location.

Local market activity for 6 bedroom duplexes in Akron

In the last 12 months, 3 six-bedroom duplexes similar to 656 Hammel Street, have been sold.

This represents a 50% decrease in six-bedroom duplexes sales when compared to the previous 12 months.

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