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487 Palmetto Avenue

Akron, OH 44301
  • $84,900
  • STATUS: Contingent
  • ON SITE: 30 Days
  • MLS #: 5093702
Under Contract
UPDATED: 225 min ago
$84,900
  • 3
    BEDS
  • 0.11
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,439
    SQFT
  • $59
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1919
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Keller Williams Chervenic Rlty.
Listing information © 2025 YES-MLS.

Description

Prime Investment Opportunity in Firestone Park! This 3-bedroom, 1-bath Colonial offers excellent cash flow potential, currently occupied by a long-term tenant since 2015. The tenant's rent is fully covered by AMHA at $1,300 per month, ensuring steady income. The property has added flexibility with a finished third-floor attic, featuring a tandem room setup that could be used as two additional bedroomsoffering the possibility of a 5-bedroom layout. The tenant provides their own appliances (except for the dishwasher) and is responsible for electric and gas. Landlord pays water, sewer, and trash. Glass Block windows in basement. New roof 2021. While the property requires some TLC, its strong rental history and earning potential make it a promising addition to your investment portfolio.

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Listing information © 2025 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Vines Team | RE/MAX Crossroads Properties are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2025-02-11T00:07:43.17.
www.vineshomes.com/homes/159371889
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487 Palmetto Avenue Akron, OH 44301

  • Price: $84,900
  • Status: Contingent
  • On Site: 30 Days
  • Updated: 225 min ago
  • MLS #: 5093702
3
Beds
1
Baths
0
½ Baths
0.11
Acres
1,439
SQFT
$59
$/SQFT
1919
Built
Neighborhood:
Hillcrest Park
County:
Summit
Area:
Akron
School District:
Akron CSD
Property Description
Prime Investment Opportunity in Firestone Park! This 3-bedroom, 1-bath Colonial offers excellent cash flow potential, currently occupied by a long-term tenant since 2015. The tenant's rent is fully covered by AMHA at $1,300 per month, ensuring steady income. The property has added flexibility with a finished third-floor attic, featuring a tandem room setup that could be used as two additional bedroomsoffering the possibility of a 5-bedroom layout. The tenant provides their own appliances (except for the dishwasher) and is responsible for electric and gas. Landlord pays water, sewer, and trash. Glass Block windows in basement. New roof 2021. While the property requires some TLC, its strong rental history and earning potential make it a promising addition to your investment portfolio.
Exterior Features

Architectural Style Colonial Attached Garage YN No Carport YN No Construction Materials Aluminum Siding Garage YN No Levels Three Or More Two Parking Features Driveway No Garage Paved Patio And Porch Features Patio Roof Asphalt Fiberglass Waterfront YN No

Interior Features

Appliances Dishwasher Basement Full Basement YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Heating Forced Air Gas Heating YN Yes Main Level Bathrooms 0 Main Level Bedrooms 0 Rooms Bedroom (Third Level)

Property Features

Above Grade Finished Area 1439 Association YN No Elementary School District Akron CSD - 7701 Home Warranty YN No Land Lease YN No Listing Terms Cash Conventional Lot Size Dimensions 40x117 Middle Or Junior School District Akron CSD - 7701 Property Sub Type Single Family Residence Sewer Public Sewer Tax Annual Amount 2291 Township Akron Water Source Public

Listing information © 2025 YES-MLS.
Listing provided courtesy of Keller Williams Chervenic Rlty: 330-836-4300.
Listing information © 2025 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Vines Team | RE/MAX Crossroads Properties are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2025-02-11T00:07:43.17.
 
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Vines Team | RE/MAX Crossroads Properties
1813 Nagle Road
Avon OH, 44011
Listing courtesy of Keller Williams Chervenic Rlty.
Listing information © 2025 YES-MLS.