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Akron, OH 443051965 Adelaide Blvd

Akron, OH 44305, USA

List price

$55,000

$•••,•••

Mixed use

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EASY CASH BUYER DEAL WIOTH CRAZY SPREAD: 1.23 ACRES IN DEVELOPED AKRON NEIGHBORHOOD Adelaide Blvd, Akron, OH 44305 is an exceptional investor opportunity. This 1.23-acre vacant lot sits inside a highly developed, high-demand residential pocket. Utilities are readily accessible at the street line (city water and city sewer). This makes it prime for immediate single-family or multi-family construction. 📊 Market Comps & Projections Below are the local neighborhood metrics for land value and multi-family construction upside on Adelaide Blvd: Recent Comparable Land Sales 1874 Adelaide Blvd: 0.11 acres recently active/sold for $5,500. (Our lot is 11x larger at 1.23 acres, providing a massive scale discount). Clara Ave Lot: 2.02 acres sold/listed for $184,000. "Top of the Hill" Duplex Performance Projections Recent Build Proximity: 1998 Adelaide Blvd Duplex Units. (6,050 sqft Lot) Current Monthly Rent: $1,100 / month per side ($2,200 total monthly gross cash flow). Current Finished ARV: $155,000 - $175,000 based on the recent $155K pricing of 1880 Adelaide Blvd and adjacent updated builds. 💰 The Purchase Terms Purchase Price: $55,000 Earnest Money Deposit (EMD): $5,000 Close of Escrow (COE): 10/05/2026 or earlier (Early closing offers are strongly preferred)

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Mixed use

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