Akron, OH 44306,1640-1642 Hobart AVE
Akron, OH 44306,1640-1642 Hobart AVE
Akron, OH 44306,1640-1642 Hobart AVE
$125,500
Est. payment /mo
$134,900
7.0%
Est.Price: ?

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4 Beds
2 Baths
1,380 SqFt
SOLD DATE : 11/29/2022

Key Details

Sold Price $125,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,380 sqft

Price per Sqft $90

Subdivision East Park Terrace

MLS Listing ID 4384023

Sold Date 11/29/22

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,380

Year Built 1976

Annual Tax Amount $2,010

Lot Size 7,714 Sqft

Acres 0.1771

Property Description

ATTENTION INVESTORS! Don’t miss the opportunity to own this desirable Akron duplex. Solid rental history with cap rate over 10%. Great for an OWNER-OCCUPIED property as well. Live in one unit, let the rent from the other unit help pay your mortgage. A great stepping stone for anyone looking to invest in real estate and take advantage of tax benefits that you wouldn’t have on a single-family home. Each unit has two bedrooms, full bath and full basement with laundry hook-ups. Updates include new windows (both units), new hot water tanks (both units), and new furnace (one unit). Nicely shaded backyard, quiet neighborhood on dead-end street. Off-street parking available. Located in desirable area of west Akron

Location

State OH

County Summit

Direction North

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Range, Refrigerator

Laundry In Unit

Exterior

Garage Unpaved

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Building

Faces North

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Schools

School District Akron Csd - 7701

Others

Tax ID 6815071

Security Features Smoke Detector(s)

Financing Conventional

Special Listing Condition Estate

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Listed by Joan Elflein • Ohio Broker Direct
Bought with Gilda Moreno • Howard Hanna
Justin Carroll

REALTOR / Team Lead | License ID: C2015004696

+1(330) 705-3640 | justin@jcsells.com

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