bedrooms
0
bathrooms
0
square feet
0
Acreage
0.246
Open Houses
-
year built
1889
Full Baths
0
Half Baths
0
628, 634 & 636 Sumner St, Akron, OH 44311 is located in the heart of downtown Akron. This multi-family property offers an exceptional investment opportunity. With a total of six filly rented units comprising 5,328 sq. ft. of finished residential space, FULLY RENTED with MONTHLY INCOME of $5,586 which is $67,032 Annually. This rental investment property includes two 2-bedroom units, three 3-bedroom units, and one 4-bedroom unit. The 3 duplexes comprise the 6 units and sit on 2 adjoining lots with a frontage of 102 feet on Sumner as well as the side has additional frontage on Thornton St with a depth of 95 feet, which affords the opportunity to provide several additional parking options with common area parking and off-street availability as well as several egress & ingress to accommodate proper off street parking for all of the residents.
The property is well-maintained and features forced air gas heating, central air cooling, and public water and sewer services. It also includes an unfinished basement and an asphalt/fiberglass roof. Monthly rent is $5,650 and Annual gross rent is $67,800 with Landlord amount this year due to updating & installing new flooring, painting and showing, and marketing the property at $52,976, with total expenses this year to update and all expenses at $22,291, including management, maintenance, utilities, trash, and lawn/snow care, and upgrading the units. The property’s proximity to downtown and its location offer renters easy access to shopping, amenities, and public transportation, Akron University, easy access to Rt 8 and I-76 make the property highly desirable for urban living.
This property is ideal for investors seeking reliable cash flow and potential growth. For more information or to schedule a private showing, please contact your favorite Real Estate Agent. Don’t miss this chance to own a prime income-generating property in Akron!
Location | |
Subdivision | Voris |
County | Summit |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 5089431
Listing agent:
Lesa Lillibridge
#2010003459
Listing broker:
Chervenic Realty Inc
(330) 686-1644
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.
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Last update: Tuesday, April 22 2025 at 3:08 p.m. EDT
Kotohomes National
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