621 W Exchange ST new Save Request In-Person Tour Request Virtual Tour
Akron,OH 44302
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,785 sqft
Price per Sqft $92
Subdivision Gale Allotment
MLS Listing ID 5110145
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,785
Year Built 1919
Annual Tax Amount $3,094
Tax Year 2024
Lot Size 3,319 Sqft
Acres 0.0762
Property Sub-Type Duplex
Property Description
Welcome to 617-621 W Exchange St – a well-maintained, income-generating up-and-down duplex in a prime Akron location! This versatile property is perfect for investors or owner-occupants seeking strong rental potential and move-in-ready space. The occupied first-floor unit has two bedrooms, a large kitchen and living room, and private access to the basement with an additional bonus room for the tenant's use. The second-floor unit is vacant, freshly painted, and ready for a new tenant or owner-occupant! The upper unit offers an updated bathroom, a spacious eat-in kitchen with included appliances and pantry, and a large living room. This unit also features a finished upper level that provides flexible space for a home office, second bedroom, or bonus living area. Both units have their own washer/dryers and separate gas and electric, making this a hassle-free investment. The property's gross annual rent revenue is just over $21,000 with opportunity to increase. Outside, a large gravel parking area accommodates multiple vehicles, and the location offers convenient access to Highland Square, downtown Akron, shopping, dining, and more. Whether you're looking to expand your portfolio or live in one unit while renting the other, this duplex checks all the boxes—updated, well-located, and ready to perform!
Location
State OH
County Summit
Rooms
Basement Other,Partially Finished
Interior
Heating Forced Air,Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Gravel,Other
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6749441
Special Listing Condition Standard