Akron, OH 44306,374 Gibbs PL
Akron, OH 44306,374 Gibbs PL
Akron, OH 44306,374 Gibbs PL
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$85,000
Est. payment /mo
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3 Beds
1 Bath
1,350 SqFt
Active Under Contract

374 Gibbs PL Akron, OH 44306

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,350 sqft

Price per Sqft $62

Subdivision Portage 08

MLS Listing ID 5159218

Style Bungalow,Colonial,Conventional

Bedrooms 3

Full Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 1,350

Year Built 1916

Annual Tax Amount $949

Tax Year 2024

Contingent Inspections

Lot Size 4,965 Sqft

Acres 0.114

Property Sub-Type Single Family Residence

Stories Two

Story Two

Property Description

Discover this updated three-bedroom rental property in Akron, a fantastic opportunity for investors or anyone
seeking a well-maintained home to add to their portfolio. Previously rented for $1,150 per month through Section 8, this home offers reliable income potential and a move-in ready condition that makes it especially appealing. From the moment
you arrive; you'll notice the care that has gone into the property. The entire exterior has been freshly painted, giving the
home a clean and inviting look while also helping to minimize maintenance for years to come. A neatly kept yard provides
excellent curb appeal and sets the tone for the updates you'll find throughout the interior. Step inside to a welcoming
layout where many recent updates create a fresh, modern living space. The main level features a bright living room with
durable flooring, neutral paint tones, and plenty of natural light. The adjoining kitchen has been thoughtfully refreshed,
offering ample cabinet space, updated countertops, and room for everyday dining. Each of the three bedrooms is well
sized and versatile, making them perfect for comfortable living or flexible use such as a home office. The bathrooms have
also been improved with newer finishes that add both function and style. Additional highlights include a dry basement
with storage potential, a convenient laundry area, and HVAC systems that have been updated within the past few years. With its
combination of updates, solid rental history, and strong market demand in Akron, this property is an excellent opportunity
for long-term returns featuring a potential 12-15% cap rate. Located near schools, shopping, and public transportation,
this home is positioned in a convenient area that appeals to many renters. Whether you're looking to expand your
investment portfolio or secure a dependable rental property with a proven track record, this Akron home checks all the
boxes.

Location

State OH

County Summit

Rooms

Basement Full, Unfinished

Main Level Bedrooms 1

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Bungalow, Colonial, Conventional

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Akron Csd - 7701

Others

Tax ID 6814514

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


Northern Ohio Regional MLS (YES-MLS)
Listed by Logan Robinson • REMAX Diversity Real Estate Group LLC • Logan@Logansellsnortheastohio.com, 330-810-4510

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Anna Smith

Anna Smith

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+1(740) 359-5540

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374 Gibbs PL