Paula Leonardi Ducato
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559 E Exchange Street , Akron, OH 44306

$125,000
  • 559 E Exchange Street , Akron, OH 44306 Main Photo

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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET1,344 MLS#5224949
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONRubber Workers SCHOOLAkron City

Property Description

Whether you're looking to expand your investment portfolio or searching for an affordable place to call home, this spacious 5-bedroom, 2-full-bath Colonial offers exceptional value just a few blocks from The University of Akron. Its prime location makes it an attractive option for student housing, with a proven rental history. A previous owner successfully rented the home by the bedroom at approximately $400 per room per month, with tenants sharing the kitchen, bathrooms, living room, and basement. The property was leased as a single-family residence for $1,300 per month. With five generously sized bedrooms, flexible living space, and strong income-producing potential, this property offers multiple investment strategies. Many updates to include new HVAC, some newer windows and doors, 2 remodeled bathrooms and newer kitchen. All stainless steel kitchen appliances stay too! Continue using it as a student rental, lease it as a traditional single-family home, or make it your own owner-occupied residence. Conveniently located near campus, downtown Akron, restaurants, shopping, and major highways, this is an opportunity you won't want to miss!

559 E Exchange Street | MLS# 5224949

This single family home located at 559 E Exchange Street , Akron, OH 44306 is currently listed for sale with an asking price of $125,000. This property was built in 1906 and has 5 bedrooms and 2 full baths with 1344 sq. ft. E Exchange Street is located in the Rubber Workers subdivision within the Akron City school district. Search Rubber Workers real estate on www.theducatoteam.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Heating: Forced Air, Gas
Home Style: Colonial
Lot Size: 0.06 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $1,817 / year
Year Built: 1906

Feature Descriptions

Exterior: Vinyl Siding
Parcel#: 6736893
Parking: No Garage, Unpaved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Listed By / Shown By

Listed By

Agency Name: Keller Williams Chervenic Rlty
Agency Contact: jodi@mignanos.com, 330-338-9047

Shown By

Agent Name: Paula Leonardi Ducato
Agent Phone: Cell: (330) 907-8381
Agency Title: Key Realty

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Estimated Payment

$ 887.09 per month $699.21 Principal & Interest $151.42 Property Tax $36.46 Homeowner's Insurance

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