347 Cleveland Street

Akron, OH 44306

An extremely rare opportunity awaits with this 11-property (12-unit) portfolio, offering fully turnkey investments! This package consists of 11 single-family homes and a duplex, all strategically located in desirable Akron and Canton neighborhoods making management a breeze! Each property has been recently renovated, with many receiving cosmetic updates like fresh paint, new flooring, updated fixtures, and light kitchen and bathroom upgrades. The majority of units are tenanted with reliable Section 8 tenants, providing consistent cash flow. Currently, five properties are being marketed for rent and are expected to be occupied before closing, ensuring a smooth transition. Once fully occupied, the portfolio boasts an impressive cap rate of over 9%—a rare find for updated properties. This opportunity offers strong double-digit cash-on-cash returns, making it ideal for savvy investors looking to add high-performing assets to their portfolio!

Listing courtesy of Tal Tamir of Russell Real Estate Services



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