Drema Davis

642 E Summit Street
Kent, OH 44240

$550,000

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Listing Details

  • $550,000
  • MLS# 5234795
  • Type Commercial - Business
  • Status Active
  • 0.210 acres
    Lot Size
  • 1910
    Year Built
  • Kent City
    Local Schools

Home Value Estimate


Description

Reportedly the closest house to the Kent State University campus, this is a rare opportunity to own an established student rental in an exceptionally in-demand location! This property has been operating as a student rental since before 1978, providing decades of proven rental history. The property is configured with 8 private bedrooms/units, with tenants renting by the room and sharing the common living room, kitchen, and bathrooms. Five rooms are currently occupied, while the remaining three are being actively marketed for the 20262027 school year, giving a new owner the opportunity to step into an established rental operation with additional...read more

Features

  • Central Air
  • Forced Air, Gas
  • 3.0 Stories
  • $3,952 / year Taxes
  • Public
  • Built in 1910

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