@Kent, Ohio - W. W. Reed & Son, Income Producing Real Estate in Kent, Ohio

Real Estate in Kent, Ohio - Home of Kent State University and W. W. Reed & Son!

Ivestment Properties

720 West Main Street Kent, OH 44240 • Electricity • Public Water • Public Sewer • Gas • Paving • Sidewalk and Curbs • Phone Lines • Cable • 2-Unit Multi-Family • 2-Story – Vinyl Exterior • Built in 1901 • Lot Size – 0.32 Acres • Roof – Asphalt/Fiberglass • Full Partial Basement • Unpaved Drive • Hot Water/Steam Heat Unit 1 Includes: • 3 Rooms • 1 Bedroom • 1 Bath • Range • Refrigerator • Dryer • Washer Unit 2 Includes: • 4 Rooms • 2 Bedrooms • 1 Bath • Range • Refrigerator • Dryer • Washer Tenant Pays: • Cable • Electric Link Owner Pays: • Trash Collection • Gas • Water • Electric PRICE: $128,500 Financial Information: • Annual Taxes – $2,794 • Unit 1 Mon. Rent – $450 • Unit 2 Mon. Rent – $650 Superb condition describes this two unit located in Kent's Historical District. Conveniently located to within walking distance to downtown Kent and on the KSU bus line. Minimize your living costs by living in one unit and collecting rent on the other. Excellent rental history makes this a great investment opportunity. The upstairs unit is currently vacant. It has just been entirely renovated. Property borders an alleyway that provides easy access and parking.. Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT Cell: 330.554.7349 Office: 330.673.5838 Home: 330.298.9606

601 Franklin Ave. Kent, OH 44240 • Electricity • Public Water • Public Sewer • Gas • Paving • Sidewalk and Curbs • Phone Lines • Cable • 3-Unit Multi-Family • 2-Story – Vinyl Exterior • Built in 1900 • Lot Size – 0.14 Acres • Roof – Asphalt/Fiberglass • Full Unfinished Basement • Unpaved Drive • Forced Air Gas Heat • Window Unit Air-Condiionting 2 Units Include: • 3 Rooms • 1 Bedroom • 1 Bath • Range • Refrigerator 1 Unit Includes: • 5 Rooms • 3 Bedrooms • 1 Bath • Range • Refrigerator PRICE: $139,900 Financial Information: • Annual Taxes – $2650.04 • Net Income – $10,500.00 • Gross Income – $19,800.00 • Operating Ecpenses – $9,300.00 Licensed 3 unit rental close to town and campus. All utilities are separately metered. Newer roof, vinyl siding, rear porch, hot water tanks, electrical panel boxes, gutters and windows. Good cash flow! Two of the units already rented for next year. Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT Cell: 330.554.7349 Office: 330.673.5838 Home: 330.298.9606

227 N. Mantua St. Kent, OH 44260 • Electricity • Public Water • Public Sewer • Gas • Paving • Sidewalks • Phone Lines • Cable • 2-Unit Multifamily • 2-Story – Wood Exterior • Built in 1880 • Roof – Asphalt/Fiberglass • Full Unfinished Basement • Unpaved Drive • Forced Air Gas Heat • Window Unit Air-Condiionting Each Unit Includes: • 4 Rooms • 2 Bedrooms • 1 Bath • Range • Refrigerator • Dish Washer • Smoke Detector • Washer • Dryer Tenant Pays: • Cable • Electric Link • Electric Owner Pays: • Trash Collection • Gas • Water PRICE: $129,900 Financial Information: • Annual Taxes – $2180.09 • Unit 1 Rent – $950/mo. • Unit 2 Rent – $1,000/mo. Extremely well maintained two family dwelling in close proximity to campus,downtown, parks and public library. Many updates throughout. Both units recently renovated. Driveway on each side of dwelling provides ample parking. Each unit includes washer, dryer, dishwasher , range and refrigerator. Excellent rental history. Great location...walk to everything! Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT 330-673-5838 or 330-298-9606

906 Hudson Road Kent, OH 44260 • Electricity • Public Water • Public Sewer • Gas • Paving • Phone Lines • Cable • 2-Unit Multifamily • 2-Story – Vinyl Exterior • Built in 1901 • Roof – Asphalt/Fiberglass • Full Unfinished Basement • Unpaved Drive • Forced Air Gas Heat Each Unit Includes: • 4 Rooms • 2 Bedrooms • 1 Bath • Range • Refrigerator Tenant Pays: • Cable, Electric Link, Electric, Gas, Sewer, Water Owner Pays: •Trash Collection PRICE: $119,900 Financial Information: • Annual Taxes – $2180 • Net Income – $12,200.00 • Gross Income – $16,200.00 • Operating Ecpenses – $4,000.00 Well maintained two unit dwelling. All utilities are separately metered. Each unit has washer and dryer hook-ups. Excellent rental history Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT 330-673-5838 or 330-298-9606

7263 State Rt. 43 Kent, OH 44260 • Electricity • Well Water • Public Sewer • Gas • Paving • Phone Lines • Cable • Franklin Twp. – 1.49 Acres • 3-Units – 6, 4 and 3 Bedroom • Built in 1964 • Roof – Asphalt/Fiberglass • Partial Basement • Paved Drive • Forced Air Gas Heat and Electric Baseboard Heat • 100% Occupancy Each Unit Includes: • Range • Refrigerator • Smoke Detector • Washer & Dryer • Dishwasher Tenant Pays: • None Owner Pays: • Pays All PRICE: $425,000 Great investment opportunity! positive cash flow with a good rate of return. Superb condition describes this three unit apartment building. There is a total of 13 bedrooms and 5 1/2 baths, generating $65,500.00 in gross rents. The property has been completely remodeled over the years including all new mechanical systems. Fenced in courtyard for tenants enjoyment. Ample parking. Short distance ( 2.8 miles) to KSU campus. List of Improvements Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT 330-673-5838 or 330-298-9606

474 W. Main Street Kent, OH 44260 • Electricity • Public Water • Public Sewer • Gas • Paving • Side Walks • Phone Lines • Cable • City Lot – 0.287 Acres • Wooded, Treed • 2-Unit, 1-1/2 Story • Built in 1875 • Roof – Asphalt/Fiberglass • Full Unfinished Basement • Paved/Unpaved Drive • Forced Air Gas Heat Each Unit Includes: • Range • Refrigerator • Smoke Detector Tenant Pays: • Cable/Electric Link, Electric, Owner Pays: • Gas, Sewer, Trash Collection, Water PRICE: $129,900 Investment opportunity! Well maintained two-unit located in Kent's historical district within easy walking distance to town and parks. Also, close proximity to KSU campus. Many improvements have been completed over the years. Provides inexpensive living by renting one unit out and living in the other. Ample parking. One side is presently vacant for showing purposes. Good solid investment opportunity! List of Improvements Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT 330-673-5838 or 330-298-9606

3160 State Route 43 Brimfield, OH 44260 • Electricity • Well Water • Public Sewer • Gas • Paving • Phone Lines • Cable • Wooded/Treed 1 Acre Lot • 2-Unit Ranch, Stucco, Wood • Built in 1975 • Roof – Asphalt/Fiberglass • No Basement • Unpaved Drive • Forced Air Gas Heat • Central Air Each Unit Includes: • 1 Full Bath • 2 Bedrooms • Fireplace • Dishwasher • Garbage Disposal • Range • Refrigerator • Smoke Detector • Water Softener • 1-Car Garage • Patio • Laundry Room Tenant Pays: • Cable/Electric Link, Electric, Gas, Trash Collection Owner Pays: • Sewer PRICE: $137,500 INCOME INFO: Gross Income: $16,800 Investment opportunity! Much care and attention is evident with this duplex in Brimfield. Rent one side and let the other side pay your mortgage payment. Many updates throughout. Windows, a/c units, furnaces, hot water heaters and water softener all new in the past 4 years. Excellent rental history. Each unit includes a fireplace, one car garage, laundry room and patio. Situated on a 1 acre parcel serviced by sanitary sewer. Convenient to major highways and parks. Good investment! Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT 330-673-5838 or 330-298-9606

4788 Sunnybrook Kent, OH 44240 • Electricity • Well Water • Septic System • Gas • Paving • Phone Lines • Cable • Wooded/Treed 1.72 Acre Lot • 2-Unit Ranch, Wood Siding • Built in 1993 • Roof – Asphalt/Fiberglass • Finished Walk-Out Basement • Paved Drive • Baseboard Heat • Cooling – Wall Unit Each Unit Includes: • 2 Full Baths • Oven & Range • Refrigerator • smoke Detector • Sump Pump • Water Softener • 4 Bedrooms • Dishwasher • Washer &Dryer Tenant Pays: • Cable/Electric Link, Electric, Owner Pays: • Trash Collection PRICE: $220,000 INCOME INFO: Gross Income: $31,200 Investment opportunity! Great investment and moneymaker. Close to KSU and NEOCOM Raised ranch duplex with 4 bedrooms on each side. Great rental history with two new leases starting Aug 1st. Landlord expenses are minimal. New well recently installed!! Call agent for more details. Each unit has two living rooms and come with washer/dryer Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT 330-673-5838 or 330-298-9606

3170 State Rt. 43 Mogadore, OH 44260 • Electricity • Well Water • Public Sewer • Gas • Paving • Phone Lines • Cable • Wooded/Treed 1 Acre Lot • 2-Unit Ranch, Stocco, Wood • Built in 1974 • Roof – Asphalt/Fiberglass • No Basement • Unpaved Drive Each Unit Includes: • 1 Full Bath • 2 Bedrooms • Gas Forced Air Heat • Gas Hot Water • Central Air • Attached 1-Car Garage • Diswasher, Range, Refrigerator, Smoke Detector, Water Softener, Washer and Dryer Tenant Pays: • Cable/Electric Link, Electric, Gas and Trash Owner Pays: • Sewer PRICE: $129,900 INCOME INFO: Gross Income: $16,800 Total Annual Expense: $5,019 Net Operating Income: $11,781 Investment opportunity! Extremely well maintained duplex with excellent rental history. Live on one side and let the other side pay your mortgage. Each side has a one car garage, patio, laundry room and fireplace. Situated on an acre lot serviced by sanitary sewer and well water. Owner has made many improvements over the past two years-windows, furnaces and air conditionings units are just a few of the items. Convenient to major highways and parks. Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT 330-673-5838 or 330-298-9606

480 West Main Street Kent, OH 44240 • Electricity • Public Water • Public Sewer • Gas • Paving • Side Walks • Phone Lines • Cable • City Lot, Corner; .2 acres • 3-Unit Colonial, Aluminum Sided • Built in 1920 • Roof – Asphalt/Fiberglass • Full Basement – Unfinished • Unpaved Drive • Includes Range & Refrigerator Each Unit Includes: • 1 Full Bath • 3 Bedrooms • Full Basement, Unfinished • Gas Forced Air Heat • Gas Hot Water • Diswasher, Dryer, Range, Refrigerator and Washer Tenant Pays: • No Utilities Owner Pays: • Electric, Gas, Water and Trash PRICE: $149,900 INCOME INFO: Gross Income: $20,400 Total Annual Expense: $8,783 Net Operating Income: $11,617 Well maintained 3 unit close to campus and downtown. Located in Kent's historical section. Presently licensed for 8 persons with the Kent City Health Department. Ample on site parking. Tenants are on a month to month basis Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT 330-673-5838 or 330-298-9606

3987 State Route 44 Rootstown, OH 44272 • Electricity • Public Water • Septic System • Gas • Paving • Phone Lines • Cable • 1/4 Mile from NEOUCOM • Wooded/Treed Lot • 2-Unit Colonial, 1 Upstairs, 1 Downstairs • Built in 1930 • Roof, Asphalt, Pitched • Unpaved Circular Drive • Nice Backyard Each Unit Includes: • 1 Full Bath • 3 Bedrooms • Full Basement, unfinished • Gas Forced Air Heat • Gas Hot Water • Diswasher, Dryer, Range, Refrigerator and Washer Tenant Pays: • Gas, separately metered • Responsible for grass cutting and snow removal Owner Pays: • Electric, Water and Trash PRICE: $134,000 INCOME INFO Gross Income: $17,400 Total Annual Expense: $5,643 Net Operating Income: $11,757 • 100% Occupied • Upstairs Unit available 8/1/10 Showing by Advance Notice Only CALL: Listing Agent: JEFF HUNT 330-673-5838 or 330-298-9606