416 Watson St

Akron, OH 44305
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3 bd, 1 ba | 1,442 sqft | Built in 1919

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List Price
$159,900

Initial Investment

$43,573

Purchase Price

$159,900

Down Payment

25%

Rent

$1,200

Total Return

$41,390

Annualized Return

13.5%

Cap Rate

4.5%

Gross Yield

9.0%

Cash Flow

-$2,099

Appreciation

5.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,120

HOA

None

Flood Risk

Not Required

Welcome to 416 Watson St, a beautifully updated 3-bedroom, 1-bathroom Colonial home nestled in the desirable Goodyear Heights neighborhood. With 1,442 sq ft of living space, this residence perfectly blends classic charm with modern conveniences. Step inside to discover new flooring and fresh paint throughout, creating a warm and inviting atmosphere. The updated eat-in kitchen boasts stunning butcher block countertops and brand-new appliances, making it a chef's delight. Enjoy cozy evenings in the large living room featuring a charming fireplace, perfect for gatherings and relaxation.The formal dining room offers an elegant space for entertaining, while the spacious bedrooms provide comfort and tranquility. Additional highlights include a new A/C system for year-round comfort and a new electrical panel for peace of mind. Outside, the property features a two-car garage with a new roof and garage doors, ensuring ample storage and convenience. The backyard offers plenty of space for outdoor activities and gardening. Enjoy your summer evenings sitting on your spacious front porch. Don't miss the opportunity to make this lovely Goodyear Heights home yours! Schedule a showing today and experience all the wonderful features it has to offer.

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$2,436

Property Taxes

-$4,650

Loan Payments

-$8,693

Net Cash Flow

-$2,099

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Brendan Taylor
Agent License 2017003006
RE/MAX Trends Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5114796
Last Updated: 04/17/2025 01:04
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