5 months on rocket

12 Lake St, Akron, OH, 44301

$85,000

Home List Price

$1,009*

Closing Credit

4 Bedrooms
3 Full Baths
2,160 SqFt
$39/SqFt
Multi

Location

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12 Lake St, Akron$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAsphalt
Year Built1920
HeatingElectric
CoolingCentral Air
MLS #5052015
Lot Size0.14 Acres
StatusActive

About 12 Lake St

AKRON INVESTMENT OPPORTUNITY! TRIPLEX. The lower unit is two beds, one bath and is tenant occupied and section 8 compliant. The upstairs units are one bed/one bath. The two upstairs units are vacant. The units are separately metered for gas and electric. This property has potential for so much more cash flow. Current tenant is month to month rent is $772 for the downstairs unit. As Is

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,160 SqFt

Listing Office:

  • Office Name: Real Brokerage Technologies, Inc.
  • Office Phone: (407) 630-2316
  • Listing Agent: Gypsy Smolsky

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Near Intersection of Ira and Miller

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $39/SqFt

Tax Information:

  • Annual Amount: $927
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Akron, OH.

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Akron, OH

City

Med. Sold Price

$143.6K

Med. Price/SqFt

$107

Avg. Days On Market

41

# of Sold Homes

215

12 Lake St vs Akron

164 DAYS ON ROCKET

+123 Days

$85,000

-$58.6K Less

$39/SqFt

-$68 Less

KEY TAKEAWAY

This property is $58.6K less than the Median Sold Price and $68/SqFt less than other homes in Akron, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5052015

Listing Office:

  • Office Name: Real Brokerage Technologies, Inc.
  • Office Phone: (407) 630-2316
  • Listing Agent: Gypsy Smolsky

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2021Home Sold
$59,500
Sep 21, 2006Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$927$8,480
2019$926$10,277
2018$916$10,277
2017$916$10,277

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-101680
4
/10

  • McEbright Community Learning Center

  • 349 Cole Ave

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-101681
3
/10

  • Main Preparatory Academy

  • 1035 Clay St

  • 0.99 miles

  • Public Charter Grades KG-5

school-card-donut-101682
4
/10

  • Firestone Park Elementary School

  • 1479 Girard St

  • 1.13 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,239. The majority of Akron, OH residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Summit County›Akron›44301›12 Lake St

This home is located at 12 Lake St in Akron, OH and zip code 44301 in the Summit Lake neighborhood. This 2,160 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $85,000.

Akron, OH housing market in November 2024 saw over 67 listings sold above listed price, more than 48 sold at listed price and over 98 sold below. In November 2024 in Akron, OH there were 1.6% more homes for sale than in October 2024. While the average time on the market in November 2024 was 41 days, the median list price was $143,623.

From Rocket Homes Real Estate and based on county public records data.

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