1108-1110 S Water ST new Save Request In-Person Tour Request Virtual Tour
Kent,OH 44240
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Ains Sd
MLS Listing ID 5109375
HOA Y/N No
Year Built 1967
Annual Tax Amount $5,695
Tax Year 2024
Lot Size 0.432 Acres
Acres 0.4325
Property Sub-Type Retail
Property Description
Retail brick building for sale. One level side by side units. This is a great opportunity for an investor to add their portfolio. Tenants pay separately metered utilities and most of the interior maintenance.
Unit 1: $2,000 monthly income, lease through Dec 2028
Unit 2: $1,150 monthly income, month to month lease
Owner expenses: $5,695 annual taxes + $2,957 insurance
Tenants pay:
Electric, gas, fuel, lights, heat, power and other utilities for the units. Tenant pays for general maintenance of interior of the units including electrical, HVAC, plumbing, sewer, interior walls, fixtures, windows and doors.
Owner Pays:
Exterior and structural components of building including roof and foundation. Snow plowing (tenant responsible per lease, but Owner handles as a courtesy)
Location
State OH
County Portage
Interior
Heating Forced Air,Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Concrete
Water Access Desc Public
Present Use Retail
Total Parking Spaces 22
Building
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Kent Csd - 6705
Others
Tax ID 17-012-20-00-177-000
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard