1535 Whitehall Boulevard, Kent, OH 44240

Property Description

1535 Whitehall Blvd Kent, Ohio 44240 is a Townhouse style Residence consisting of 5 bedrooms, 3 bathrooms with onsite parking for 5 vehicles in the townhome community parking lot directly on location. The bedrooms are ample sized each with its own closet and easy access to the full bathrooms. There are 4 bedrooms upstairs and one bedroom on the 1st floor, onsite laundry, central air conditioning and gas furnace. All kitchen appliances are included as well as the washer & dryer. Slab construction for easy access from the front door and the rear door, + 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. HOA dues are collected semi-annually for exterior maintenance coverage + trash. Professional website has been used by the community association. Property Manager will be retiring so you'll need new PM or self manage. Turn-key property fully occupied with leases through August 2027 School Year for your 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 and programs, 200+ student organizations. Kent has a welcoming campus community, wonderful downtown close with shops, restaurants, bars, entertainment & festivals besides the academia, this is a fantastic investment opportunity.