$1,090,0001.12 Acres
Under Contract
Under Contract
$1,090,0001.12 Acres
Under Contract

347 Cleveland Street, Akron, OH 44306 - Summit County

Commercial
Static Google Map
Property ID 21835515

Other - Akron, OH

An extremely rare opportunity awaits with this 7-property (7-unit) portfolio, offering fully turnkey investments! This package consists of 7 single-family homes, all strategically located in desirable Akron neighborhoods making management a breeze! Each property has been recently renovated, with many receiving cosmetic updates like fresh paint, new flooring, updated fixtures, and light kitchen and bathroom upgrades. The majority of units are tenanted with reliable Section 8 tenants, providing consistent cash flow. Currently, five properties are being marketed for rent and are expected to be occupied before closing, ensuring a smooth transition. Once fully occupied, the portfolio boasts an impressive cap rate of over 9%—a rare find for updated properties. This opportunity offers strong double-digit cash-on-cash returns, making it ideal for savvy investors looking to add high-performing assets to their portfolio!

Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact Seller

Russell Real Estate Services

License #2018001908

Brecksville, OH

(216) 870-8687
Listing provided by
Tal Tamir
Russell Real Estate Services(440) 268-9491
Source: ListHub, MLS# 5079887
Listing status: Pending
Listing last updated: October 23, 2024 at 9:31 PM
Report this listing
T

Tal Tamir

Russell Real Estate Services
(216) 870-8687

Message

Tal Tamir

Russell Real Estate Services