12 days on rocket

1919 Preston Ave, Akron, OH, 44305

$189,000

Home List Price

$2,244*

Closing Credit

4 Bedrooms
2 Full Baths
1,440 SqFt
$131/SqFt
Multi
Schools Nearby

Location

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1919 Preston Ave, Akron$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingParking Lot
Year Built1963
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #5034085
Lot Size0.11 Acres
StatusActive

About 1919 Preston Ave

Welcome to 1919-1921 Preston Ave, Akron, Ohio – your prime investment opportunity awaits! This renovated duplex is included in a 4 property – 8 unit package ONLY for $756,000 bringing in $7,000 total rent between all of the properties, all nestled together on a private street with their own parcel numbers, is the epitome of a cash cow property, boasting full occupancy and impressive rental income. Has potential to bring 16% cash on cash return. Each unit, featuring two bedrooms and one bath with an open concept layout, exudes modern charm with new kitchens and bathrooms. With tenants responsible for all utilities, enjoy a hassle-free investment experience. Central air in each unit ensures year-round comfort, while new decks offer outdoor relaxation. This property also includes an attached parking lot for convenience. These properties are well managed and has no deferred maintenance with a reliable maintenance personnel. This package provides a lucrative investment portfolio opportunity. Don't miss out – seize this chance to elevate your investment portfolio today! Do not disturb tenants.(4 Building package includes: 1919/1921 Preston Ave., 1925/1927 Preston Ave., 1931-1935 Preston Ave. & 1937/1939 Preston Ave.)

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2
  • Living Area: 1,440 SqFt

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Off Congo St. by Preston Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000
  • Price Per SqFt: $131/SqFt
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Housing Market Comparison

See how this home compares to others in Akron, OH.

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Akron, OH

City

Med. Sold Price

$130K

Med. Price/SqFt

$99

Avg. Days On Market

39

# of Sold Homes

257

1919 Preston Ave vs Akron

12 DAYS ON ROCKET

-27 Days

$189,000

+$59K More

$131/SqFt

+$31 More

KEY TAKEAWAY

This property is $59K more than the Median Sold Price and $31/SqFt more than other homes in Akron, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5034085

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2024, 10:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-9573568
5
/10

  • Windemere Clc

  • 2283 Windemere Ave

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-9573569
4
/10

  • Hatton Clc

  • 1933 Baker Ave

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-9573570
5
/10

  • Betty Jane Community Learning Center

  • 444 Darrow Rd

  • 1.09 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,458. Residents of Akron, OH typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Summit County›Akron›44305›1919 Preston Ave

This home is located at 1919 Preston Ave in Akron, OH and zip code 44305 in the Goodyear Heights neighborhood. This 1,440 square foot home, which was built in 1963, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $189,000.

In April 2024 more than 103 listings in Akron, OH were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 108 were sold below. In April 2024 in Akron, OH there were 0.7% less homes for sale than in March 2024. While the average time on the market in April 2024 was 39 days, the median list price was $130,000.

From Rocket Homes Real Estate and based on county public records data.

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