525 Reed Avenue, Akron, OH 44301

$129,000
4
BD
2
BA
1,734
SqFt

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List Price
$129,000
Status
ACTIVE
Style
Cape Cod
MLS#
5255815
Year Built
1928
Bedrooms
4
Bathrooms
2
Living Area
1,734
Region
Akron
Township
Akron
Subdivision / Building
Firestone Park

Property Description

Homeowners looking to create your own vision? or excellent Investor Opportunity in Firestone Park! Spacious 4-bedroom, 2-bath home offering 1,472 sq. ft. plus an additional 262 finished sq. ft. in the basement. This property presents an excellent opportunity to add value without taking on a major structural renovation. Most of the work needed consists of cosmetic updates, along with minor repairs such as finishing some drywall, updating bathroom fixtures, and potentially completing a partial kitchen remodel to maximize the home's appeal. The home currently features laminate flooring throughout much of the living space, which can be removed quickly and cost-effectively, allowing buyers to move efficiently into their preferred flooring installation with minimal demolition, labor, and disposal costs. Several major improvements have already been completed, including a furnace installed in 2021, central air conditioning less than 5 years old, and a roof estimated to be less than 10 years old, helping reduce upfront renovation expenses. Situated on a large corner lot in desirable Firestone Park, the location offers convenient access to I-77, shopping, dining, and everyday conveniences. Nearby amenities include Garfield Community Learning Center, Voris Community Learning Center, Firestone Park Library, grocery stores, and shopping plazas with restaurants, making this an attractive location for future homeowners and tenants alike. Adding to its investment appeal, the home was previously utilized as a multi-family property and features two separate entrances, creating potential opportunities for future income-producing use, multi-generational living, or a possible duplex conversion (buyer to verify zoning and permitted uses). Ideal for investors, flippers, landlords, or owner-occupants looking to build equity and add value. Bring your vision and unlock the potential this property has to offer!

Additional Information

Taxes
$2,003
Acres
0.17
Sewer
Public Sewer
Roof
Asphalt
Water
Public
Fireplaces
1
Garage Spaces
2
Heating
Gas
Cooling
Central Air
School District
Akron CSD - 7701

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Listing Courtesy of: Bryan Tomasek, BryanTomasekRealtor@gmail.com With RE/MAX Edge Realty

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