628 Lakemont Avenue, Akron, OH 44314 (MLS # 5216892)

Price $89,900
Status Active
Beds 3
Baths 1 Bath
Home size 1,297 sqft
Lot Size 4,801 sqft
Days on Market 2
Excellent opportunity to add a cash-flowing investment property to your portfolio, or the perfect opportunity to make this house your HOME. This 3-bedroom, 1-bath single-family home offers approximately 1,352 square feet of living space and is conveniently located in Akron's Kenmore area. The property is currently occupied by a tenant who has been in place for approximately one year and would love the opportunity to remain after the sale, creating immediate and stable income for the next owner from day one. Current rent is $1,245 per month, offering strong cash-flow potential with additional upside over time. The home is in typical lived-in rental condition and provides investors the opportunity to continue generating income while making cosmetic improvements over time as desired. Features include a spacious layout, full basement, and off-street parking "” all contributing to the property's overall rental appeal and long-term value. Whether you are looking to expand your current portfolio or purchase your first investment property, this home offers stable occupancy, strong rental income, and future upside potential. Seller recently completed an appraisal with the value coming back at $95,000, providing additional confidence in the opportunity here. Updates include new roof 2018, and hot water tank 2020. Great opportunity you do not want to miss "” call today to schedule your private showing!
Property Type(s): Single Family
Last Updated 6/8/2026 Tract Portage Heights
Year Built 1920 County Summit

Additional Details

AIR None
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Vinyl Siding
FIREPLACE Yes
HEAT Forced Air, Natural Gas
LOT 4800 sq ft
LOT DIMENSIONS 40x120
PARKING Unpaved
SEWER Public Sewer
STORIES 2
STYLE Colonial
SUBDIVISION Portage Heights
TAXES 1740
WATER Public

Location

 

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Listing provided by: Tim Finn Jr | 330-322-5833, RE/MAX Edge Realty, tim@timmfinn.com, 330-322-5833

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).

Listing information is deemed reliable, but not guaranteed.

Data Last Updated: 6/9/26 6:23 PM PDT


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