1330 W Waterloo Road, Akron, OH 44314

Property Description

This fully rented, turnkey 7-unit property presents a strong investment opportunity with immediate upside potential. Recently renovated, the building consists of 4 studio apartments and 3 two-bedroom units, all fully leased. Current rents are below market, offering room for value-add increases—studio units can be raised to approximately $700 per month, and two-bedroom units to around $850 per month, significantly boosting cash flow. The property is designed with ease of management in mind, featuring a tall crawl space that simplifies maintenance and repairs. Additional income is generated through on-site laundry facilities, and the parking lot provides 7+ spaces, adding convenience and tenant appeal. This is a low-maintenance, income-producing asset in strong rental condition with immediate potential to increase revenue. No showings without a written offer.

Listing Status:

Active

Listing Office:

EXP Realty, LLC. : 866-212-4991

Listing Agent:

Sylvia Incorvaia : 216-316-1893

MLS ID:

5139134

Interior

• Laundry: Coin-operated
• Basement: Crawl SpaceNone
• A/C: GeothermalHumidity ControlWall Unit(s)
• Heating: Forced Air

Exterior

• Parking: GravelOff StreetParking LotParking spaces: 7

Construction

• Roofing: Asphalt

Location

• Originating MLS: NOWDD_NORM
• School District: Akron CSD - 7701
• County: Summit

Lot

• Zoning: SV-TR 2 LOT 14 90FT ON WATERLOO RD .310A6849713
• Fencing: FencedFull
• Current Use: ResidentialSingle Family

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM

This listing courtesy of Sylvia Incorvaia, EXP Realty, LLC.