Mateo 5 Pack

Five single-family rentals offered at just $77,000 per door with massive value-add upside. Three homes are tenant-occupied at $1,000/month each, while two vacant properties are ready for renovation and repositioning. Invest approximately $60,000 in strategic capex across the two vacant units, lease at market rents, and this portfolio delivers $72,000 in gross income, $49,200 NOI, and a 12.78% cap rate. The properties include 796 Sherman, 2465 28th St, 316 Young, 1636 Gibbs, and 1432 Louisiana. Solid craftsman-style construction, hardwood floors, and spacious layouts attract quality long-term tenants. Geographic diversification across Akron and Canton provides stability across two of Northeast Ohio's strongest rental markets. At $385,000 for 5 homes, you're buying well below replacement cost with built-in upside!