Movoto Real Estate
Sold on 12/29/2021

818 Princeton St, Akron, OH 44311

  • $55,000

    Last sold 12/29/2021 for $47K

  • 7

    bed

  • 2

    bath

  • 1,885

    Sqft ($25/Sqft)

House not for sale
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About 818 Princeton St

Property type House
Neighborhood
Year built 1907
HOA fee $0/month
Lot size 6,098 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
AMAZING INVESTMENT OPPORTUNITY!!! This property is part of a portfolio of seven Rooming Houses that net over $100,000 profit EACH Year!! This portfolio of Investment Properties boasts a shocking Cap Rate of over 30%...This IS NOT a misprint! Each of these Rooming Houses has between 5-8 separate bedrooms that rent for $440 per month EACH....AND the entire portfolio averages 85% occupancy!!! Seller is looking to sell the entire Seven House Portfolio for $329,000 but is open to selling these properties individually as well. (See Broker Remarks for list of the other properties) ALL the work is already done...houses have been divided into separate rental rooms with universal access to Kitchen, Bathroom, and Basement Laundry for the tenants.,,,AND with each room renting at $440 a month and 5-8 rooms per property..do the math on what these Single Family Cash Cows bring in per month!! Don't miss your chance at this unique Investment Opportunity...These do not come around very often!!! This individual property has 7 rental rooms. All 7 rooms currently rented at time of listing. This property has a Cap Rate of 41%
Listed by
Listing Agent - David S Callander
Listing Office - Century 21 Carolyn Riley RL Est. Srvcs.
Source: MLS Now mls logo
MLS#4320031 • last updated 4 years ago
Movoto checked MLS Now for data 6 minutes ago
Overview
Cooling/AC Central Air
Levels/Style Colonial
MLS # 4320031
SqFt 1885
Status Closed
Lot Size (Acres) 0.14
Property Tax 774
Interior
Total # of Bathrooms 2
# Full Baths 2
# Bedrooms 7
Exterior
Construction Vinyl Siding
Patio/ Porch Porch
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision Horner
Elem School District Akron CSD
Middle School District Akron CSD
High School District Akron CSD
Lot/ Land Details
$55K
Range: $49.5K-$60.5K
Last 30 days 
  • Dec 2021
    mls logo MLS # 4320031
  • Dec 29, 2021 Sold
    $47,000
  • Dec 25, 2021 Pending
  • Oct 22, 2021 Active
  • Sep 25, 2021 Listed
    $47,000 (+176.5%)
  • Aug 2007
    mls logo MLS # 1452544
  • Aug 10, 2007 Sold
    $17,000
  • Feb 26, 2007 Listed
    $20,900 (-36.7%)
  • Aug 2007
    mls logo MLS # 2355716
  • Aug 2, 2007 Sold
    $17,000 (-18.7%)
  • Feb 26, 2007 Listed
    $20,900
  • Jul 1995
    mls logo MLS # 9094434
  • Jul 19, 1995 Sold
    $33,000 (-9.6%)
  • Aug 22, 1994 Listed
    $36,500
  • 818 Princeton St
    $47K
  • Summit Lake
    $75K -14% y/y
  • 44311
    $95.5K +9% y/y
  • Akron
    $145K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
North High School
public Grades PK, 9-12
Akron City School District
3/10
Leggett Community Learning Center
public Grades K-5
Akron City School District
4/10
Jennings Community Learning Center
public Grades 6-8
Akron City School District
Source: GreatSchools.org © 2026. All rights reserved.

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