275 Sobul AVE, Akron, OH 44305
275 Sobul AVE, Akron, OH 44305
275 Sobul AVE, Akron, OH 44305
275 Sobul AVE, Akron, OH 44305
275 Sobul AVE, Akron, OH 44305
275 Sobul AVE, Akron, OH 44305
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$ 100,000
Est. payment | /mo

3 Beds

2 Baths

1,068 SqFt


Save
$ 100,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,068 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,068 sqft

Price per Sqft $93

Subdivision Pondview

MLS Listing ID 5258067

Style Bungalow

Bedrooms 3

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,068

Total Fin. Sqft 1068

Year Built 1928

Annual Tax Amount $1,572

Tax Year 2025

Lot Size 3,280 Sqft

Acres 0.0753

Property Sub-Type Single Family Residence

Property Description

INVESTORS TAKE NOTICE! ESTABLISHED RENTAL WITH IMMEDIATE INCOME POTENTIAL! Looking to expand your investment portfolio without the hassle of finding a tenant? Here's your opportunity! Located in Akron's Goodyear Heights neighborhood, 275 Sobul Avenue is an income-producing rental offered at just $100,000, currently generating $1,250 per month in rental income through an established tenancy with rental assistance provided by the Akron Metropolitan Housing Authority (AMHA).

The current tenants have occupied the property for over a year, and the home has successfully passed its most recent annual housing inspection. Additionally, a request for a rental increase has recently been submitted through AMHA, presenting the possibility of additional income pending approval.

This approximately 1,200-square-foot bungalow features three bedrooms, one full bathroom, and a functional layout that includes a convenient first-floor bedroom. Additional features include a spacious living room, kitchen with ample cabinetry, mudroom, enclosed front porch, full basement with laundry area, patio space, and detached one-car garage.

THE NUMBERS DESERVE YOUR ATTENTION! At the current rental rate, this property generates $15,000 in annual gross rental income, representing an approximately 15.2% gross rental yield based on the asking price, before operating expenses.

With established tenants, existing rental income, and a recently passed annual inspection, much of the groundwork has already been done. Whether you're a seasoned investor or looking to acquire your next rental property, this Goodyear Heights opportunity is worth a closer look.

Offered at $100,000 — schedule your showing and discover the investment potential!

Location

State OH

County Summit

Rooms

Basement Full, Concrete, Unfinished

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), Laminate Counters

Heating Fireplace(s), Gas

Cooling None

Fireplace No

Laundry In Basement

Exterior

Parking Features Detached, Garage, Unpaved

Garage Spaces 1.0

Garage Description 1.0

Fence Block

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Porch Awning(s), Enclosed, Patio, Porch

Garage true

Private Pool No

Building

Lot Description City Lot, Private

Story 2

Entry Level One and One Half,Two

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One and One Half, Two

Schools

School District Akron Csd - 7701

Others

Tax ID 6739129

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Alex V Johnson • Real Estate Quest, Inc. • 440-389-3883, rebroker216@gmail.com

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275 Sobul AVE