$360,000 Calculate Payment
Lake Street Kent, OH 44240
1,267 Sq. Ft.
0.23 Acre Lot
Time on Site
Days on Market
Great investment opportunity in Kent! Wonderful buy for an investor or owner occupied investor. This property offers a single family home and a 4 unit apartment building which is licensed for 9 people. The single family home rents for $1600.00 a month. They pay all utilities except trash and recycli...ng. The home has 4-5 bedroom, 1 bath, many updates and move in condition. They also get use of the backyard. The 4 unit has 2- 3 bedroom 1 bath apartments which both rent for $990.00 a month, 2 bedroom 1 bath which rents for $660.00, and 1 bedroom 1 bath which rents for $415.00 a month. The tenants in the 4 apartments pay electric. The electric was separated and each 100 amp service is located in common basement which each unit has their own storage room as well as coin operated washer and dryer. There is also extra storage space for an investor to use for his own personal equipment or rent out as well. All units have a keyless(Codes) entry to help with tenant lock outs. The common area is also keyless entry(codes). The back yard is currently used by tenant at the single family home, but it could be used by the tenants if the new owner chooses. This is a great investment opportunity in Kent. The monthly income on the 4 unit is $3,055.00 and the house rent is $1600.00 with total gross of $4,655.00. Continue reading
1,267 sq. ft
Square Footage Above (approx)
1267 Sq. Ft. Above Ground
Gas Heat Forced Air
Exterior / Lot Features
Flat, Asphalt, Fiberglass
Additional Exterior/Lot Features
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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More