991 Bloomfield Ave

Akron, OH 44302
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3 bd, 2 ba | 2,247 sqft | Built in 1917

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$1,750

Total Return

$81,585

Annualized Return

23.1%

Cap Rate

6.8%

Gross Yield

12.0%

Cash Flow

$1,541

Appreciation

7.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,000

HOA

None

Flood Risk

Not Required

Step into timeless charm and modern convenience with this beautifully updated century home featuring 3 bedrooms, 2 full bathrooms, and a flexible floor plan to suit your lifestyle. Including 2,247 sq ft, every inch of this home has been updated while preserving its original character—including stunning woodwork and detailed trim throughout. The heart of the home is the brand-new kitchen, showcasing sleek quartz countertops, new cabinetry, modern flooring, and a full suite of appliances—ready for your first dinner party. Upstairs, you'll find a fully updated bathroom with a custom tiled shower, new vanity, toilet, and fresh flooring. A versatile bonus room on the second level is perfect for a home office, reading nook, or creative space. The finished attic offers even more flexibility—use it as a FOURTH bedroom, recreation room, or quiet retreat. Brand new carpet has been added to all bedrooms and the attic, while durable new flooring runs throughout the main living spaces. Outside, enjoy a two car detached garage and an oversized driveway that provides plenty of off street parking for guests, family, or extra vehicles. Some major updates include NEW hot water tank, NEW 200 AMP service electrical box, and most are NEW windows through out.

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

Annual Financial Highlights

Expected Rent

$19,950

Expenses

-$4,151

Property Taxes

-$4,750

Loan Payments

-$9,508

Net Cash Flow

$1,541

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:Justin Clements
Agent License 2017001699
RE/MAX Edge Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5113576
Last Updated: 05/02/2025 15:05
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