56 Vesper StreetAkron, OH 44310

56 Vesper StreetAkron, OH 44310

1/37 Fullscreen
$109,900 Active
Multi Unit - Multiple MLS 5219180
3 beds 2 full baths 1,709 sqft

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

IDX logo

TOUR THIS HOME

Choose a date and time to see 56 Vesper Street, Akron, OH 44310.
An agent will get in touch to confirm your request shortly.

Choose your video chat app
Request a Showing
  • Thursday June 25
  • Friday June 26
  • Saturday June 27
  • Sunday June 28
  • Monday June 29
  • Tuesday June 30
  • Wednesday July 1
  • Thursday July 2
  • Friday July 3
  • Saturday July 4
  • Sunday July 5
  • Monday July 6
  • Tuesday July 7
  • Wednesday July 8
  • Thursday July 9
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Property Description

Attention investors! Turnkey, fully occupied duplex located on a desirable street & offering immediate rental income. Whether you're looking for an easy first investment property or a solid addition to your existing portfolio, this affordable opportunity deserves your attention. Property features a long-term second-floor tenant currently on a month-to-month lease paying $575 per month and a newer first-floor tenant occupying the efficiency unit at $595 per month. Separate gas & electric meters help minimize owner expenses, while the owner currently pays water, sewer & trash services. Additional features include off-street parking, partially fenced yard and a full basement providing storage and utility space. Property is not perfect but is in decent overall condition with some nice updates and has provided reliable income for a long-term owner who is now selling a portfolio after more than 20 years of ownership. This is a practical investment opportunity with existing cash flow, manageable operating expenses and upside potential for future improvements or rent adjustments. Please do not disturb the tenants. Showings will be provided after an acceptable offer has been negotiated. No wholesalers/no owner financing. Don't miss this chance to acquire a fully occupied income-producing property at an affordable price.

56 Vesper Street | MLS# 5219180

This multi-family property located at 56 Vesper Street, Akron, OH 44310 is currently listed for sale with an asking price of $109,900. Vesper Street is located within the Akron City school district. Search Akron real estate on 702beryldrive.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Central Air
Days on Market: 3
Heating: Forced Air, Gas
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,239 / year
Year Built: 1914

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Fencing: Fenced, Partial
Laundry: In Basement
Parcel#: 6740376
Parking: On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 56 Vesper Street, Akron, OH 44310
Fips
Fips Code 39153
Population
2020 to 2025 Change down 0.4%
2010 Count 541,781
2020 Count 540,428
2025 Estimate (V2025) 538,376
2020 Estimate (V2025) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.4%
18 to 64 54.2%
65 and Older 20.2%
Gender
Male 48.7%
Female 51.3%
Place of Birth
Foreign 6.0%
US 94.0%
Education
High School Graduate, Age 25+ 92.8%
Bachelor's Degree or Higher, Age 25+ 35.8%
Computer and Internet use
Households with a computer 95.4%
Households with a broadband Internet subscription 91.6%
Language
English is Second Language, Age 5+ 7.3%
English is First Language, Age 5+ 92.7%
Veterans
Veterans 25,976
Income
Per Capita Income $43,061
Median Household Income $71,622
People in Poverty 13.3%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 231,267
Average Household Size 2.29
Owner-Occupied 67.5%
Multi-Family 22.4%
Owner-Occupied Median Value $208,700
Median selected monthly owner costs -with a mortgage $1,470
Median selected monthly owner costs -without a mortgage $599
Median gross rent $1,026
Building Permits
New Private Housing Issued 2024 1,082
Years at Residence
1 Year or More 88.9%
Less Than 1 Year 11.1%
Business and Employment
Private non-farm Establishments 13,309
Private non-farm Employment 249,827
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 43,820
Number of Firms 9,566
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 699.72 per month $564.42 Principal & Interest $103.25 Property Tax $32.05 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage