1545 Whitehall Blvd, Kent, OH 44240 ~ is an excellent, turnkey investment opportunity! This fully rented townhome is already generating income and offers a spacious layout with 5 bedrooms and 3 full bathrooms. This has been a long term rental with a proven history and several updates in the Sellers Ownership. The main level features a large living room that is open to the kitchen and dining area, convenient laundry area, full bathroom with a shower (no bathtub on the 1st level), mechanical closet, and a main-floor bedroom. There is a rear entry with small patio with privacy fencing. Upstairs, you'll find four additional bedrooms and two full bathrooms with tub/showers, toilets and vanities, providing plenty of space for occupants.
Additional features include central air, forced-air gas heating, public utilities, all appliances including laundry, a private patio, balconies, off-street parking and trash that is supplied by the HOA. Conveniently located near Kent State University, shopping, dining, and major commuter routes, this income-producing property offers immediate cash flow and is a great addition to any investment portfolio. Whether you're a seasoned investor or looking to expand your rental holdings, this fully occupied property is ready to work for you from day one.
The property is fully rented through the 2027 Academic Year of August 2027. The HOA is billed two times per year, utilities are included in the rent of $605 per tenant x 5 occupants and are billed for the Academic year and paid either monthly, quarterly, semester or for the entire year. There is plenty of parking in the many spaces in the parking lot provided and maintained by the HOA. There have been common improvements including privacy fencing, balconies and more.
