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About This Home
This 0-bedroom, 0-bathroom multi-family at 1330 W Waterloo Road in Akron, OH is listed for $450,000. Built in 1964, on a 0.25 acres lot.
This fully rented, turnkey 7-unit property presents a strong investment opportunity with immediate upside potential. Recently renovated, the building consists of 4 studio apartments and 3 two-bedroom units, all fully leased. Current rents are below market, offering room for value-add increases-studio units can be raised to approximately $700 per month, and two-bedroom units to around $850 per month, significantly boosting cash flow.
The property is designed with ease of management in mind, featuring a tall crawl space that simplifies maintenance and repairs. Additional income is generated through on-site laundry facilities, and the parking lot provides 7+ spaces, adding convenience and tenant appeal. This is a low-maintenance, income-producing asset in strong rental condition with immediate potential to increase revenue. No showings without a written offer.
Key Features
- Built in 1964
- 0.25 acre lot
- 7 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1330 W Waterloo Road
Akron, OH 44314
Property Details
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1330 W Waterloo Road is listed at $450,000. The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1964, 0.25 acre lot, 7 parking spaces.
This property is listed by Sylvia Incorvaia and can be reached at 2163161893 or sylvia@incteamrealestate.com.