1238 Leeser Ave, Akron, OH 44314

Description

This is a beat-up Akron, Ohio BRRRR opportunity. This ugly, scuzzy property is exactly the kind of deal most investors are afraid of—but that fear is where the equity is created. With a purchase price around $50,000, an estimated $30,000 renovation, a projected $100,000 ARV, and potential rent around $1,250/month, this Akron rental could create roughly $20,000 in equity for the investor willing to take on the rehab. Professional management and renovation services are available to help with the full process, including purchase, insurance, renovation, refinance, tenant placement, Section 8 certification, and property management, making this a potential hands-off BRRRR play ...