$89,900

628 Lakemont Avenue, Akron, OH 44314

3 beds |
1 bath |
1,297 sqft

Single-Family Home
Built in 1920
4,800sqft lot
—— car garage
$69/sqft
Listed 6 days ago

Property Description

Excellent opportunity to add a cash-flowing investment property to your portfolio, or the perfect opportunity to make this house your HOME. This 3-bedroom, 1-bath single-family home offers approximately 1,352 square feet of living space and is conveniently located in Akron’s Kenmore area. The property is currently occupied by a tenant who has been in place for approximately one year and would love the opportunity to remain after the sale, creating immediate and stable income for the next owner from day one. Current rent is $1,245 per month, offering strong cash-flow potential with additional upside over time. The home is in typical lived-in rental condition and provides investors the opportunity to continue generating income while making cosmetic improvements over time as desired. Features include a spacious layout, full basement, and off-street parking — all contributing to the property’s overall rental appeal and long-term value. Whether you are looking to expand your current portfolio or purchase your first investment property, this home offers stable occupancy, strong rental income, and future upside potential. Seller recently completed an appraisal with the value coming back at $95,000, providing additional confidence in the opportunity here. Updates include new roof 2018, and hot water tank 2020. Great opportunity you do not want to miss — call today to schedule your private showing!

Listing Status:: Active
Data Last Updated:: June 15, 2026 at 1:17AM
Listing Office:: RE/MAX Edge Realty : 330-475-7777
Listing Agent:: Tim Finn Jr : 330-322-5833
MLS ID:: 5216892

Laundry: In Basement
Basement: FullUnfinished
A/C: None
Heating: Forced AirGas
Fireplace: FireplaceFireplaces: 1

Style: Colonial
Parking: Unpaved

Roofing: AsphaltFiberglass
General: Vinyl Siding2

Originating MLS: NOWDD_NORM
School District: Akron CSD - 7701
County: Summit

Zoning: PORTAGE HTS LOT 65 ALL6800305

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Tim Finn Jr , RE/MAX Edge Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.