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1326 Pontiac Avenue, Akron, OH 44307

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For Sale

$1,600,000

0.15 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Investor Special!! This 12 Single Family Portfolio offers investors a stabilized, cash flowing opportunity to acquire 12 single-family homes located throughout Akron. Each property has been well maintained and professionally managed, providing immediate rental income and long-term upside potential. Investment Summary Portfolio Size: 12 Single-Family Homes, Occupancy rate 87%, Monthly Gross Rent $13,302, Annual Net Operating Income (NOI) $120,000, Cap Rate: 7.5%, Section 8 approved for consistent, reliable income. This portfolio has performed as a strong cash-flow asset for many years, with consistent occupancy and proven rental demand in the Akron market. With all homes Section 8 approved and rent-ready, investors can step into an established, income-producing portfolio with minimal disruption. The following addresses are in the portfolio. 618 Sanford Ave Akron, OH 44305 Parcel # 6806648 1257 Greenwood Ave Akron, OH 44320 Parcel # 6720710 1145 Brown St Akron, OH 44301 Parcel # 6709487 785 Bellevue Ave Akron, OH 44307 Parcel # 6803711 1198 Easton Dr Akron, OH 44310 Parcel # 6832808 549 Garry Rd Akron, OH 44305 Parcel # 6801556 1123 Coventry St Akron, OH 44306 Parcel # 6746729 1326 Pontiac St Akron, OH 44307 Parcel # 6807318 723 Virginia Ave Akron, OH 44306 Parcel # 6807563 2541 Edgebrook Ave Akron, OH 44312 Parcel # 6707133 1951 Faye Rd Akron, OH 44306 Parcel # 6858894 1084 Yukon Ave Akron, OH 44320 Parcel # 6704473
MLS# 5154951

Courtesy Of Chervenic Realty Inc

(330) 836-4300

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 1326 Pontiac Avenue, Akron, OH 44307

Home seller CENTURY 21 Carolyn Riley Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Carolyn Riley Realty

(330) 867-4266
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.