Property Description

1501 Whitehall Blvd Kent OH 44240 is a 5 bedroom & 3 Full Bathroom Townhome that is a historically proven student housing rental income property and is fully rented for the 2026-2027 Academic School Year. Students pay for an entire year in one of 4 options: Monthly at a 4 or 5 bedroom rate, 2 times per year or annually for a discount. This is an end unit so great Natural Light and these units are highly sought. Student Housing Rentals are part of the community known as Whitehall Townhomes East with the 1st floor consisting of a large Living Room open concept breakfast bar and kitchen, laundry, 1st floor Full Bathroom with shower, 1st Floor Bedroom, privacy patio, Central Air, both front and rear entries. The 2nd floor consists of 4 additional Bedrooms with balconies, 2 Full Bathrooms that include tub / shower combos and a huge hall linen closet. Each Bedroom has its own private closet and each bedroom also has its own keyed lock for privacy. Proven rental income history! Leases will be provided after in contract for privacy reasons and are already rented for the 2026-2027 Academic School Year. Whether you are a seasoned investor looking to expand your rental holdings, or first time investor, this income-producing property offers great annual cash flow with gross rental income averaging $38,340 annually and some leases are potentially prepaid therefore this is a great addition to any investment portfolio. This Townhome is rented as Student Housing, room rates include utilities including charging tenants for wifi. In the future, if rented as a whole rental unit, utilities can be paid by the tenants in full. The flexibility is huge and in the City of Kent rental zone for plenty of unrelated tenants too! Don't pass your opportunity to have a great rental with a proven rental track record that's fully rented through the KSU Academic 2026-2027 School year! Call the Listing Agent for details, NO SHOWINGS UNLESS UNDER CONTRACT with Proof of Funds &/or PreAPPROVAL Letter.

Property Features

Local Schools