3120 Albrecht AveAkron, OH 44312

This exceptional mixed-use property, located at 3120 Albrecht Avenue in Akron, Ohio, presents a lucrative investment opportunity. The 3,744 square foot building sits on a sizable 0.57-acre lot, offering ample parking and privacy. A recent, comprehensive remodel has revitalized the property, including a new furnace and complete electrical system upgrade. The upper residential unit boasts two spacious bedrooms and is currently leased for $1,250 per month, with the tenant responsible for all utilities. This provides immediate, consistent cash flow. The lower level commercial space, totaling a significant portion of the building's square footage, is ideally suited for a variety of uses, including an industrial workshop, retail store, or service-based business such as a tattoo parlor. Market analysis suggests a strong potential rental income of $2,500 per month for this space, with tenants covering all utilities. The combination of a well-maintained residential unit and a versatile commercial space creates a diversified income stream, minimizing risk and maximizing return on investment. The property's location in Akron, Ohio, offers convenient access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a turnkey, high-yield investment property with significant upside potential. The substantial lot size provides flexibility for future expansion or development. Don't miss this chance to secure a valuable asset in a desirable location.