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Listing Courtesy Of:
Keller Williams Chervenic Rlty, darlenehall@kw.com 330-800-4255, Darlene Hall
Listing Sold By:
Home Equity Realty Group
Local Realty Services Provided By:
Keller Williams Chervenic Realty
Overview
What It'll Cost
Neighborhood
Similar Homes
487 Palmetto Avenue, Akron, OH 44301
3 Beds
1 Bath
487 Palmetto Avenue, Akron, OH 44301
Estimation provided by Keller Williams Realty Inc.
3 Beds
1 Bath
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 bedrooms—offering 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.
The property has added flexibility with a finished third-floor attic, featuring a tandem room setup that could be used as two additional bedrooms—offering 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.
Property Details
Compare This Home
Overview
Property Type
Single Family Residence
Property Size
Year Built
1919
Days on Site
73 Days
HVAC
Forced Air, Gas
Parking
Yes
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
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Estimated Monthly Payment
Purchase Price:
$85,010
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
01/18/2025
Price Increase
(+6.26% )
01/10/2025
Listed
(+30.98% )
10/04/2023
Sold
(+114.04% )
12/01/2010
Sold
(+39.02% )
07/30/2010
Sold
(-53.41% )
03/26/2010
Sold
(-53.68% )
04/19/2005
Sold
(+63.79% )
08/25/2004
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+7.9% )
Land 8,140 +
Additions 26,080
2022
(-0.1% )
Land 5,900 +
Additions 18,900
2021
(+34.26% )
Land 5,900 +
Additions 18,900
2020
Land 5,900 +
Additions 18,900
2019
(+1.31% )
Land 5,898 +
Additions 11,494
2018
(-10.3% )
Land 5,898 +
Additions 11,494
2016
Land 5,898 +
Additions 11,494
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
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Car-Dependent
Walkable
Very Walkable
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