374 Gibbs Place
374 Gibbs Place
374 Gibbs Place
374 Gibbs Place
374 Gibbs Place
374 Gibbs Place
374 Gibbs Place
374 Gibbs Place
374 Gibbs Place
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374 Gibbs Place
374 Gibbs Place
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374 Gibbs Place
374 Gibbs Place
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Sold

374 Gibbs Place

374 Gibbs Place, Akron, OH 44306

$80,000
Discover this updated three-bedroom rental property in Akron, a fantastic opportunity for investors or anyone
seeking a well-maintained home to add to their portfolio. Previously rented for $1,150 per month through Section 8, this home offers reliable income potential and a move-in ready condition that makes it especially appealing. From the moment
you arrive; you'll notice the care that has gone into the property. The entire exterior has been freshly painted, giving the
home a clean and inviting look while also helping to minimize maintenance for years to come. A neatly kept yard provides
excellent curb appeal and sets the tone for the updates you'll find throughout the interior. Step inside to a welcoming
layout where many recent updates create a fresh, modern living space. The main level features a bright living room with
durable flooring, neutral paint tones, and plenty of natural light. The adjoining kitchen has been thoughtfully refreshed,
offering ample cabinet space, updated countertops, and room for everyday dining. Each of the three bedrooms is well
sized and versatile, making them perfect for comfortable living or flexible use such as a home office. The bathrooms have
also been improved with newer finishes that add both function and style. Additional highlights include a dry basement
with storage potential, a convenient laundry area, and HVAC systems that have been updated within the past few years. With its
combination of updates, solid rental history, and strong market demand in Akron, this property is an excellent opportunity
for long-term returns featuring a potential 12-15% cap rate. Located near schools, shopping, and public transportation,
this home is positioned in a convenient area that appeals to many renters. Whether you're looking to expand your
investment portfolio or secure a dependable rental property with a proven track record, this Akron home checks all the
boxes.

3
beds

1
bath

1,350 Sq.Ft. LIVING AREA

4,965.84 Sq.Ft. lot

Logan Robinson

Logan Robinson

Features & Amenities

Interior

  • total bedrooms3
  • Total bathroom1
  • full bathroom1

Area & Lot

  • Status Sold
  • Living Area1,350 Sq.Ft.
  • Lot Area4,965.84 Sq.Ft.
  • MLS® ID5159218
  • TypeResidential
  • YEAR BUILT1916
  • NeighborhoodAkron
  • Architecture StylesBungalow, Colonial, Conventional
  • School DistrictAkron CSD - 7701

Exterior

  • STORIES2
  • water SourcePublic
  • roofAsphalt, Fiberglass
  • parkingDriveway
  • HEAT TYPEForced Air, Gas
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$80,000
  • Real Estate Tax $949/yr
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Akron

Akron, Ohio, is a vibrant city known for its rich industrial history and diverse cultural offerings. Nestled in the heart of Summit County, Akron boasts a range of amenities that cater to residents and visitors alike. The city is renowned for its thriving arts and entertainment scene, featuring museums, galleries, and theaters. Additionally, Akron offers a variety of recreational opportunities, including parks, outdoor spaces, and recreational facilities. With a strong emphasis on community engagement, the city hosts numerous events and festivals throughout the year, fostering a sense of unity among its residents. Furthermore, Akron is home to diverse dining options, ranging from local eateries to international cuisine, ensuring a culinary experience for every palate.

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Whether you are buying or selling a home or just curious about the local market, Logan would love to offer his support and services.

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