61-63 S Adolph St, Akron, OH 44304

7 beds3 baths3,000 sqft Edit

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Sold: $77,000
Sold on 12/31/12
Zestimate®: $88,472
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My Notes

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WALKING DISTANCE from the University of Akron!
Great no-risk investment opportunity. On one side Summa (hospital) is growing, on another - The University of Akron. At the same time, you will be able to rent this house to students as easy as 1,2,3. Since 2004, I always had this house fully rented. This house has 3 units. Two units - 3 bedrooms/1 bathroom each. One unit - one bedroom/one bathroom. Everything is in good working condition. The house has dry basement (a perimeter drain), no galvanized water line left (all is copper or PVC), the drain pipes are all PVC down to the underground hook up. There are 2 washers and 2 dryers hooked up. This house is a good moneymaker. I was renting one 3bdr. unit for $990 per month (utilities included), 3bdr unit for $650 per month (utilities not included) and $550 per month for 1bdr unit (utilities included). That is $2190 per month. All bills are current, no assessments, no back taxes. This house is clean, clear and ready to go. Currently, I have three leases signed. Don't hesitate to contact me for showing.
I have other houses for sale. Please see the related craigslist ad.
The reason I am selling those houses is because I moved to another state.
Neighborhood Description
It's within walking distance from the University of Akron, Summa, CVS and Dave's. Peaceful area (comparing to Exchange street with all those robberies, etc.).
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Facts

  • Lot: 4,416 sqft
  • Multi Family
  • Built in 1914
  • Views: 782 all time views
  • Cooling: None
  • Heating: Forced air
  • Last sold: Dec 2012 for $77,000
  • Last sale price/sqft: $26

Features

  • Attic
  • Parking: 0 space
  • Unfinished basement

Appliances Included

  • Dryer
  • Microwave
  • Refrigerator
  • Washer

Construction

  • Exterior material: Composition, Vinyl
  • Roof type: Asphalt
  • Room count: 16
  • Stories: 3
  • Structure type: Other
  • Unit count: 3

Other

  • Floor size: 3,000 sqft
  • Last remodel year: 2005
  • Laundry: In Unit
  • Lot depth: 96
  • Lot width: 46
  • Parcel #: 6846385
  • Zillow Home ID: 81722753

Zestimate Details

Zestimate
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$88,472
+$63 Last 30 days
$77K
$103K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$737/mo
-$88 Last 30 days
$435
$1.2K
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29 forecasted views of this home
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Comparable Homes

Homes like this sold for $47-137K.

$40K
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Mortgages

Neighborhood: University of Ohio Akron

Zillow predicts University of Ohio Akron home values will decrease 0.8% next year, compared to a 1% rise for Akron as a whole. Among University of Ohio Akron homes, this home is valued 103.4% more than the midpoint (median) home, but is valued 26.5% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In University of Ohio Akron, the number of foreclosures waiting to be sold is 13% lower than in Akron, and 98.1% greater than the national average. This lower local number could help University of Ohio Akron home values rise more quickly than other regions in Akron.

Learn more about forecast calculations or University of Ohio Akron home values.
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Nearby

    For Sale

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    Rentals

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    Other Units in this Building (1)ZestimateBedsBathsSqft
    N/A$76K31--

    Nearby Schools in Akron

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org