Listed by Alex V Johnson of Real Estate Quest,Inc. (440-389-3883,rebroker216@gmail.com)
INVESTORS TAKE NOTICE! ESTABLISHED RENTAL WITH IMMEDIATE INCOME POTENTIAL! Looking to expand your investment portfolio without the hassle of finding a tenant? Here's your opportunity! Located in Akron's Goodyear Heights neighborhood, 275 Sobul Avenue is an income-producing rental offered at just $100,000, currently generating $1,250 per month in rental income through an established tenancy with rental assistance provided by the Akron Metropolitan Housing Authority (AMHA). The current tenants have occupied the property for over a year, and the home has successfully passed its most recent annual housing inspection. Additionally, a request for a rental increase has recently been submitted through AMHA, presenting the possibility of additional income pending approval. This approximately 1,200-square-foot bungalow features three bedrooms, one full bathroom, and a functional layout that includes a convenient first-floor bedroom. Additional features include a spacious living room, kitchen with ample cabinetry, mudroom, enclosed front porch, full basement with laundry area, patio space, and detached one-car garage. THE NUMBERS DESERVE YOUR ATTENTION! At the current rental rate, this property generates $15,000 in annual gross rental income, representing an approximately 15.2% gross rental yield based on the asking price, before operating expenses. With established tenants, existing rental income, and a recently passed annual inspection, much of the groundwork has already been done. Whether you're a seasoned investor or looking to acquire your next rental property, this Goodyear Heights opportunity is worth a closer look. Offered at $100,000 - schedule your showing and discover the investment potential!

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Based on information submitted to MLS Now as of November 3, 2026 7:58 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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