Property Description

Fully occupied 3-bed Colonial generating $1,000/month. Excellent tenant history (2+ years) with a lease in place through March 2027. Peace of mind comes standard with a new furnace and water tank. Vinyl exterior, full basement, and a solid rental history. Perfect for out-of-state investors looking for immediate returns and minimal CapEx.

1055 Frederick Boulevard | MLS# 5204644

This single family home located at 1055 Frederick Boulevard, Akron, OH 44320 is currently listed for sale with an asking price of $107,999. This property was built in 1950 and has 3 bedrooms and 1 full baths. Frederick Boulevard is located in the Young L A subdivision within the Akron City school district. Search Young L A real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Cooling: None

Heating: Forced Air

Home Style: Colonial

Lot Size: 0.16 Acres

Roof Type: Shingle

Stories: 2.0

Taxes: $1,932 / year

Year Built: 1950

Feature Descriptions

Exterior: Wood Siding

Parcel#: 6707805

Parking: Driveway

Sewer: Public Sewer

Water: Public

Local Schools

School District: Akron City

Market Trends

Summit County Residential Market Trend Graphs

Zip Code 44320

Source: Delta Media Group, Inc.

Demographics

Summit County Demographic Information for 1055 Frederick Boulevard, Akron, OH 44320

Fips

Fips Code 39153

Population

2020 to 2025 Change down 0.4%

2010 Count 541,781

2020 Count 540,428

2025 Estimate (V2025) 538,376

2020 Estimate (V2025) 540,429

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 20.4%

18 to 64 54.2%

65 and Older 20.2%

Gender

Male 48.7%

Female 51.3%

Place of Birth

Foreign 6.0%

US 94.0%

Education

High School Graduate, Age 25+ 92.8%

Bachelor's Degree or Higher, Age 25+ 35.8%

Computer and Internet use

Households with a computer 95.4%

Households with a broadband Internet subscription 91.6%

Language

English is Second Language, Age 5+ 7.3%

English is First Language, Age 5+ 92.7%

Veterans

Veterans 25,976

Income

Per Capita Income $43,061

Median Household Income $71,622

People in Poverty 13.3%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 247,173

Households 231,267

Average Household Size 2.29

Owner-Occupied 67.5%

Multi-Family 22.4%

Owner-Occupied Median Value $208,700

Median selected monthly owner costs -with a mortgage $1,470

Median selected monthly owner costs -without a mortgage $599

Median gross rent $1,026

Building Permits

New Private Housing Issued 2024 1,082

Years at Residence

1 Year or More 88.9%

Less Than 1 Year 11.1%

Business and Employment

Private non-farm Establishments 13,309

Private non-farm Employment 249,827

Private non-farm Employment Growth down 0.8%

Nonemployer Establishments 43,820

Number of Firms 9,566

Business Production

Value of Shipments $9,410,730,000

Wholesale Trade $9,120,214,000

Retail Trade $8,582,177,000

Retail Sales Per Capita $15,606

Accommodation and Food Services $1,190,062,000

Land

Land Area 412.75 sq. miles

Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 741.45 per month $548.95 Principal & Interest $161.00 Property Tax $31.50 Homeowner's Insurance

Change Payment Information

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