Property Description

Outstanding fully renovated investment opportunity in Akron, Ohio, delivering both turnkey stability and compelling value-add upside. This 5-unit property at 598 Blaine Ave is being sold together with 594 Blaine Ave, with both properties benefiting from over $250,000 in recent capital improvements. Renovations include new mechanicals, water heaters, plumbing, roof, windows, electrical systems, and modernized interiors?ensuring a strong foundation for immediate performance. A key value-add opportunity exists with four of the units currently configured as 1-bedrooms. With minimal conversion, these can be upgraded to 2-bedroom layouts, allowing all five units in the property to function as 2-bedrooms. This repositioning creates substantial upside, driving higher rents and long-term NOI growth. Located in a prime Akron corridor near major employers, schools, retail, and transit, the property is well-positioned to maintain strong occupancy while offering investors the rare combination of a stabilized, fully renovated asset and additional upside through simple, cost-effective improvements. Investment analysis and financials available upon request!

Property Features

Local Schools