2141 17th St

Discover the vibrant neighborhood surrounding 2141 17th St, Akron. Situated in a dynamic part of the city, the area offers a plethora of conveniences and attractions. With its proximity to Downtown Kenmore and the newly revitalized 17th Street corridor, the location presents an exciting opportunity for Multifamily / High-Rise investors. Residents can enjoy easy access to local eateries, retail shops, and community parks, creating an appealing urban lifestyle. Additionally, the area is well-connected to public transportation, enhancing the overall convenience and connectivity for potential tenants. The property's prime location within the thriving Kenmore community sets the stage for an exceptional investment opportunity.2141 17th St SW is a 6-unit multifamily asset located in Akron, OH. The property is 100% occupied and provides investors with immediate in-place income, a straightforward operating profile, and a clear rent-alignment opportunity. The unit mix includes four 2-bedroom units and two studio units, supporting a balanced renter base while maintaining an affordable price point within the Kenmore rental market. The building features a durable brick exterior, on-site and off-street parking, on-site laundry, minimal landscaping requirements, a newer roof, and updated exterior steel doors. Interior updates include refreshed kitchens, flooring, neutral paint, and updated bathroom finishes. The investment thesis is centered on preserving occupancy, improving operating efficiency, capturing modest rent growth, and continuing to benefit from nearby neighborhood investment in Kenmore.