#5112741, Tudor Calin Vadana, Listing Office: Keller Williams Elevate
352 Mcgowan St Akron, OH 44306
Property details
About 352 Mcgowan St
Turnkey investment with tenants in place in 3 units. Rents are under market and tenants know rent will be increased. They are all month-to-month. Some units need improvement but everything is functional. Landlord pays all utilities but they are very reasonable. Unit#4 and basement can be viewed without an appointment. 36 hours notice to view occupied units. Cap rate is nearly 10% at existing rents. When rents go to market rate, the cap rate will increase dramatically.
Highlights
Summary
- MLS Number: 5113755
- MLS Name: NOWDD
- Office Name: Snyder & Snyder Real Estate
- Office Email: barb@snyderandsnyder.com
- Listing Agent: Barbara Snyder
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Last updated on: 4/18/2025, 1:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$169,000
352 Mcgowan St
$2,007
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 24, 2000 | Home Sold | $20,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $27,770 | $2,433 |
2022 | $27,770 | $2,485 |
2021 | $27,770 | $2,488 |
2020 | $27,770 | $2,668 |
2019 | $23,944 | $2,668 |
2018 | $23,944 | $2,655 |
2017 | $23,944 | $2,662 |
History based on county public records data.
Nearby schools
3
Mason Community Learning Center
Public District PK-6
0.1 mi
•700 E Exchange St
4
Robinson Community Learning Center
Public District PK-6
0.8 mi
•1156 4th Ave
3
Leggett Community Learning Center
Public District KG-5
0.8 mi
•333 E Thornton St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,366. The majority of Akron, OH residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 352 Mcgowan St in Akron, OH and zip code 44306 in the Middlebury neighborhood. This 2,016 square foot home, which was built in 1928, sits on a 0.07 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $169,000.
In March 2025, from all listings sold in Akron, OH there were more than 69 sold above asking price, over 109 sold below and more than 39 were sold right at the asked price. The inventory of homes for sale in Akron, OH between February and March 2025 increased by 10.4%. The median list price of listings available in March 2025 was $145,592, while the average time on the real estate market was 47 days.