702 W Thornton StreetAkron, OH 44307

702 W Thornton StreetAkron, OH 44307

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$99,000 Active
Residential - Single Family MLS 5167383

Listed By

Agency Name: Keller Williams Chervenic Rlty
Agency Contact: MStephens@kw.com, 330-622-2423

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Great investment opportunity! This well-maintained 3-bedroom, 1-bath home is currently tenant-occupied, providing immediate rental income. Ideal for investors looking to add a solid property to their portfolio. Convenient location. Tenant occupied. Section 8 tenant month to month. $799 monthly Please do not disturb the tenant. Showings available upon accepted offer only. This property will be sold as is Wrap around Owner finance/seller financing available with $110K down. Total proforma monthly rental income of $7,300 minus total mortgage payment of $5K (includes taxes and insurance) equals $2,300 in proforma cash flow.

702 W Thornton Street | MLS# 5167383

This single family home located at 702 W Thornton Street, Akron, OH 44307 is currently listed for sale with an asking price of $99,000. This property was built in 1925 and has 3 bedrooms and 1 full baths with 720 sq. ft. W Thornton Street is located in the Akron subdivision within the Akron City school district. Search Akron real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 55
Heating: Forced Air
Home Style: A-Frame
Lot Size: 0.06 Acres
Roof Type: Shingle
Taxes: $719 / year
Year Built: 1925

Feature Descriptions

Exterior: Vinyl Siding
Parcel#: 6713016
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Source: Delta Media Group, Inc.

Demographics

Summit County Demographic Information for 702 W Thornton Street, Akron, OH 44307
Fips
Fips Code 39153
Population
2020 to 2023 Change down 0.9%
2010 Count 541,781
2020 Count 540,428
2023 Estimate (V2023) 535,733
2020 Estimate (V2023) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.5%
18 to 64 54.6%
65 and Older 19.7%
Gender
Male 48.8%
Female 51.2%
Place of Birth
Foreign 5.5%
US 94.5%
Education
High School Graduate, Age 25+ 92.5%
Bachelor's Degree or Higher, Age 25+ 34.6%
Computer and Internet use
Households with a computer 93.6%
Households with a broadband Internet subscription 89.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 27,960
Income
Per Capita Income $40,786
Median Household Income $68,360
People in Poverty 12.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 228,635
Average Household Size 2.32
Owner-Occupied 66.9%
Multi-Family 22.4%
Owner-Occupied Median Value $182,500
Median selected monthly owner costs -with a mortgage $1,405
Median selected monthly owner costs -without a mortgage $562
Median gross rent $956
Building Permits
New Private Housing Issued 2023 685
Years at Residence
1 Year or More 87.9%
Less Than 1 Year 12.1%
Business and Employment
Private non-farm Establishments 13,393
Private non-farm Employment 241,278
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 42,765
Number of Firms 48,524
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 571.81 per month $483.02 Principal & Interest $59.92 Property Tax $28.88 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage