Property Description

1537 Whitehall Blvd Kent, Ohio 44240 is a Townhouse style Residence consisting of 5 bedrooms, 3 bathrooms with off street onsite parking for 5 vehicles with parking in the townhome community parking lot directly on location. The bedrooms are ample sized with closets and easy access to the bathrooms. There are 4 bedrooms upstairs partially occupied and one bedroom on the 1st floor, onsite laundry, central air conditioning and gas furnace. Kitchen Appliances plus washer & dryer included, easy access from the front door and the rear door to the patio with privacy fences. Onsite community trash bins, on the Kent State University Bus Line and pedestrian crosswalks clearly marked to go to classes. Great opportunity to own a historically proven investment opportunity to add to your portfolio or start with a mult-family investment property. Typically these properties are rented to 4-5 Kent State University students on leases, many times also signed by the parents for security of finances, often these properties are rented for 4 to 5 years by the same tenants. The HOA dues are collected semi-annually. There is a gorgeous website used by the community association and these have been professionally managed. Property Manager will be retiring so you'll need new PM or self manage. Turn-key property with 3 tenants already on lease through August 2027 School Year for your instant portfolio. Located within R-4 Residential Zoning allowing up to 5 unrelated persons opens up the possibilities for many tenant types including National & International Kent State Students, a family that needs 4-5 bedrooms, flexibility of parents ability to stay while visiting their kids, groups of like professions from nursing, fashion, business, architecture, art, or the 300+ degrees & programs, 200+ student organizations. Kent has a welcoming campus community, wonderful downtown shops, restaurants, bars, entertainment & festivals besides the academia, fantastic opportunity. Pics are from multiple units.

Property Features

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