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Archived about 3 years ago

$58,900

3 bd 2 ba 2552 sqft

167 Ruckel Rd, Akron, OH 44305

Residential Duplex Off MLS

Current Rent **

$700

Projected Rent **

$1,370

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $350
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1276 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent: $350
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 1276 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes

Collect $1,370/month OR MORE on this 2 Unit Duplex in Akron!

Don't miss out on this stable cash-flowing duplex that could very easily be a great addition to your real estate investment portfolio. The property consist of one - 2 bedroom / 1 bath unit and one 1 bedroom/1 bath unit. The roof is only 3 years old.

Conveniently located minutes away from multiple eating establishments, schools, businesses the University of Akron as well as the Akron International Airport.

You can easily step in and reap the investment rewards from this cash-flowing property. With rents at market level, you could collect $1,370 monthly and bring the cap rate to a very solid 17.15 percent (pro forma).

See it here before it's gone!

Location:

167 Ruckel Rd, Akron, OH 44305

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.