See Home Value
$118,402*
House - Off Market

491 Allyn St

Akron, OH 44304
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1044 Sqft
$103,000 - $125,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Located in the heart of off campus houses, this a great opportunity to own 8 contiguous parcels as a package of turnkey University of Akron student rentals! The 26 bedroom package consists of 2 duplexes, 3 single family houses and 2 additional single family houses each with 2 kitchens that could easily be converted into duplexes.There is also a large 16 space parking lot.Annual Income of $119,340, Utilities $7,992, Insurance $3,996, Tax $11,544, Lawn $2,802, Repair $2,493. Net Operating Income $88,053Currently leased through July 2023; owner is in the process of renewing leases through July 2024.Fantastic cash flow opportunity!!

The manager has listed the unit size as 1044 square feet.
Unit Size
1,044Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$110
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1883

Price History

Date / Event Date Event Price
Mar 28, 2023 Sold $1,105,200
Sold
Mar 2, 2023 No longer available -
No longer available
Feb 1, 2023 In contract -
In contract
Nov 18, 2022 Listed $114,900
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
2 Beds
1 Bath
872 ft²
$115/ft²
$99,900 Nov 18, 2022
-
-
In Contract
House
4 Beds
2.5 Baths
1,452 ft²
$89/ft²
$129,900 Nov 18, 2022
-
-
House
4 Beds
1.5 Baths
1,550 ft²
$74/ft²
$115,000 Oct 5, 2022
-
-
House
3 Beds
1 Bath
1,008 ft²
$114/ft²
$115,000 Oct 5, 2022
-
-
In Contract
Multifamily
3 Beds
2 Baths
1,112 ft²
$108/ft²
$119,900 Nov 18, 2022
-
-
House
3 Beds
1 Bath
956 ft²
$115/ft²
$110,000 Oct 5, 2022
-
-
House
3 Beds
1 Bath
952 ft²
$116/ft²
$110,000 Oct 5, 2022
-
-
House
3 Beds
1 Bath
1,216 ft²
$95/ft²
$115,000 Oct 5, 2022
-
-
House
4 Beds
1 Bath
1,256 ft²
$92/ft²
$115,000 Oct 5, 2022
-
-
House
4 Beds
1 Bath
1,342 ft²
$89/ft²
$119,000 Jan 12, 2023
-
-
Multifamily
4 Beds
2 Baths
1,674 ft²
$75/ft²
$124,900 Jan 12, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

491 Allyn Street 491 Allyn Street, Akron, OH 44304
  • 1 Unit for Sale
More about this Building
491 Allyn Street
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About University of Akron


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