1038 Clay Street, Akron, OH 44301
- $169,900
- 4
- BD
- 2
- BA
- List Price
- $169,900
- Status
- PENDING
- Days on Market
- 6
- MLS#
- 5247779
- Subtype
- Residential Income
- Year Built
- 1926
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Acres
- 0.11
- Subdivision
- Grant & Steinert
- Neighborhood
- Grant & Steinert
- MLS Area Major
- Akron
Property Description
Strong turnkey investment opportunity at **1036/1038 Clay St in Akron, Ohio**. This fully remodeled duplex is **fully occupied by long-term tenants**, providing immediate and stable rental income from day one. The property generating a combined **$2,060 per month in cash rents**. With both units already occupied by established tenants and rents supported through subsidy programs, the property offers investors a highly stabilized income stream with reduced lease-up risk. The duplex has been **fully remodeled**, allowing a new owner to step into an income-producing asset without taking on a major renovation project. **1036/1038 Clay St is also available as part of a package with 1032/1034 Clay St. Together, the two fully occupied duplexes generate nearly $4,000 per month in combined rental income**, giving investors the opportunity to acquire four stabilized units in one location and immediately add scale to their Akron rental portfolio. Located in Akron with convenient access to employment, shopping, schools, public transportation, and major roadways, this property is well suited for investors seeking a **turnkey, fully occupied, subsidy-backed rental property with long-term tenants and dependable monthly cash flow**.
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Additional Information
- Taxes
- $1,504
- Heating
- Forced Air
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Foundation
- Slab
- Parking Features
- Garage
- Garage Spaces
- 2
- School District
- Akron CSD - 7701
Listing Courtesy of: Kim Lewis, kim.lewis@heqrealty.com With Home Equity Realty Group
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