24
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$160,000
Est. payment /mo
4 Beds
2 Baths
1,488 SqFt
New
604-606 Gibbs RD Akron, OH 44312
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,488 sqft
Price per Sqft $107
MLS Listing ID 5166882
Bedrooms 4
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 1,488
Year Built 1964
Annual Tax Amount $2,869
Tax Year 2024
Lot Size 5,998 Sqft
Acres 0.1377
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
Attention Investors! This duplex located in Akron's Ellet neighborhood is currently generating $1,700 per month in rental income, and offers great value-add potential. The freshly renovated upper unit is leased for $950 through 09/07/26, while the lower unit is leased for $750 through 09/30/26 by a long term tenant. Both units have identical open layouts. The property offers in-unit washer/dryer hookups, which is uncommon, though highly desirable for multi-family properties in the area. This feature could support higher rents and lower vacancy rates, making the property even more appealing to investors. This property presents a great opportunity to add a stable, income-producing duplex to your portfolio, with potential to increase income and build long-term equity in an attractive location.
Location
State OH
County Summit
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry In Unit
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Akron Csd - 7701
Others
Tax ID 6708071
Listed by Aimee Neiman • Keller Williams Chervenic Rlty • aimeeneiman@kw.com, 330-620-1123
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