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$ 225,000
Est. payment | /mo
0.26 Acres Lot
$ 225,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Multi-Family, Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226034279
Year Built 1973
Annual Tax Amount $3,776
Lot Size 0.260 Acres
Lot Dimensions 0.26
Property Sub-Type Townhouse
Source Columbus and Central Ohio Regional MLS
Property Description
Welcome to 1605-1607 Shatto Ave, a well maintained Akron duplex offering a great opportunity for investors or owner occupants. Each unit features approximately 1,000 square feet with 2 bedrooms and 2 full bathrooms. Both units are currently occupied by great, easy to work with tenants, providing immediate rental income from day one. Current rents total $2,200 per month and are below market value, giving the next owner potential upside as rents adjust over time.
Several major improvements have already been completed, including new 100 amp electrical panels for both units in 2025, along with an updated exterior mast, meter main, large junction box, and surge protector. Unit 1605 received a new hot water tank in 2024. Unit 1607 features LVP flooring on the first level and an updated downstairs shower area completed in 2023, plus a new furnace installed in 2025. Trees have also been removed from the front yard. With reliable tenants, existing cash flow, below market rents, and several major mechanical and electrical updates already completed, this duplex is a strong addition to any rental portfolio.
Several major improvements have already been completed, including new 100 amp electrical panels for both units in 2025, along with an updated exterior mast, meter main, large junction box, and surge protector. Unit 1605 received a new hot water tank in 2024. Unit 1607 features LVP flooring on the first level and an updated downstairs shower area completed in 2023, plus a new furnace installed in 2025. Trees have also been removed from the front yard. With reliable tenants, existing cash flow, below market rents, and several major mechanical and electrical updates already completed, this duplex is a strong addition to any rental portfolio.
Location
State OH
County Summit
Area 0.26
Rooms
Other Rooms None
Dining Room No
Interior
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Akron Csd 7701 Sum Co.
School District Akron Csd 7701 Sum Co.
Others
Tax ID 67-36323
Listed by Lory Kim RE/MAX Connection
Nearby Locations
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