Property Description

This rare and lucrative investment opportunity in Kent, Ohio, offers a licensed 10-bedroom rental property, one of the last of its kind in the city. The property is mostly gutted and ready for renovation, featuring four levels of living space (including the basement), that used to include two kitchens, two living rooms, three bathrooms, ten bedrooms, and a laundry room. The house has had significant updates, including two updated electric panels, a new roof, new gutters, newer siding, and new soffits. The sewer is attached, and gas runs directly from the street to the meter. There are 10 parking spots on the property, and the home offers stunning balcony views of Downtown Kent. Located within walking distance of Kent State University, this property used to generate an annual rental income of approximately $70,000. It's a rare opportunity to own a licensed rental property in a prime location?an excellent investment for long-term income.

Property Features

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