2531 Pelton AVE new Save Request In-Person Tour Request Virtual Tour
Akron,OH 44314
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,688 sqft
Price per Sqft $148
Subdivision Nesmith Lake Heights
MLS Listing ID 5145927
Bedrooms 8
Full Baths 4
Year Built 1958
Annual Tax Amount $4,346
Tax Year 2024
Lot Size 7,501 Sqft
Property Sub-Type Quadruplex
Property Description
Excellent investment opportunity! This well-maintained, fully occupied 4-unit brick ranch is truly turn-key. Each unit offers 1,344 total square feet—featuring 672 square feet of living space with 2 bedrooms and 1 bathroom, plus individual 672-square-foot basements with in-unit washers and dryers. All utilities are separately metered, and tenants pay their own gas and electric. Three of the four units have been tastefully renovated with updated kitchens and bathrooms, vinyl flooring, modern fixtures, and fresh paint. The fourth unit is home to a 27-year tenant who prefers the original charm just as it is. Major systems have been professionally upgraded, including extensive plumbing, electrical, and gas line work. Additional improvements include many newer appliances, numerous replaced windows, an excellent-condition roof, and well-maintained gutters and downspouts. The basements have also been waterproofed for added peace of mind. Tenants enjoy off-street parking and a convenient location near highways, shopping, dining, and Portage Lakes. With happy long-term tenants and a strong rental history, this property is a rock-solid addition to any investment portfolio.
Location
State OH
County Summit
Interior
Heating Forced Air,Gas
Cooling Wall/Window Unit(s)
Laundry In Basement
Exterior
Parking Features Common,Driveway
Roof Type Asphalt,Fiberglass
Building
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Akron Csd - 7701