512 Sumner Street
Akron, OH 44304
- 4 beds
- 2 baths
- 1,622 sqft
- 4,461 sqft lot
- $76 per sqft
- 1909 build
- – on site
Charming Investment Property Near Akron University This 4-bedroom home, just minutes from the University of Akron, is a fantastic opportunity for investors or anyone looking for rental income. The dining room has been converted into a fourth bedroom, optimizing rental potential. Currently, two tenants are in place on month-to-month leases, paying $375 and $400. The property has potential to generate $1,600 per month in rental income. Key updates include: Updated electric in the basement, New furnace installed in 2021, Roof believed to be 7 years old, Front porch redone in 2020. Appliances are included, making this a turnkey investment. Don't miss this chance to own a well-maintained property.
Last checked:
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Checking…
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Last updated Nov 15, 2024
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MLS# 5085037 —
The Building
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Year Built:1909
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Year Built Source:PublicRecords
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Construction Materials:WoodSiding
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Architectural Style:Colonial
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Window Features:DoublePaneWindows
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Patio And Porch Features:FrontPorch
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Levels:Two
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:Full,Concrete
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Basement:true
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Foundation:Block
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Stories Total:2
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Above Grade Finished Area:1550.0
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Above Grade Finished Area Source:Realist
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Below Grade Finished Area:72.0
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Below Grade Finished Area Source:Realist
Interior
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Rooms Total:7
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Accessibility Features:None
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Fireplace:false
Room Dimensions
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Living Area:1622.0
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Living Area Units:SquareFeet
Location
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Directions:From Akron U, south on Brown St, west on Wheeler St, South on Sumner, home faces East.
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Latitude:41.069359
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Longitude:-81.515077
The Property
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Parcel Number:6842860
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Lot Features:FewTrees
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Lot Size Acres:0.1024
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Lot Size Area:0.1024
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Lot Size Dimensions:4462
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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View:false
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View:None
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Exterior Features:None
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Property Attached:false
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Fencing:None
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 224-6072
- Office phone:
- (330) 656-3400
Taxes
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Tax Year:2023
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Tax Annual Amount:$1,863
Beds
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Bedrooms Total:4
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Main Level Bedrooms:1
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
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Main Level Baths:1
The Listing
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Listing Terms:Cash,Conventional,FHA
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/512-Sumner-Street-Akron-OH-44304/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:CeilingFans
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Dryer,Microwave,Range,Refrigerator,Washer
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Laundry Features:InBasement
Schools
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Elementary School District:Akron CSD - 7701
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Middle School District:Akron CSD - 7701
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High School District:Akron CSD - 7701
The Community
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Community Features:None
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Pool Private:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1.0
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Carport:false
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Parking Features:Driveway
Extra Units
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Other Structures:None
Monthly cost estimate
Asking price
$123,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$663
|
| Taxes | $155 |
| Insurance | $34 |
| Utilities | $181 See report |
| Total | $1,033/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/15/24
Nov 15, 2024
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Listed / Active | MLS_NOW | $123,900 | 160.8% (30.3% / YR) |
|
7/24/19
Jul 24, 2019
|
MLS_NOW | $47,500 |
