UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,691 sqft
Price per Sqft $53
Subdivision Ledge Allotment
MLS Listing ID 5229585
Style Colonial
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,691
Year Built 1914
Annual Tax Amount $2,576
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Single Family Residence
Property Description
Previously rented by the bedroom, tenants paid $375 per month per room, generating $1,500-$2,250 per month, with the potential to produce $2,700+ per month at full occupancy; there are 2 bonus spaces in addition to the four bedrooms.
Recent improvements include a new main electrical panel (2024), main sanitary drain/plumbing update (2026), and a dishwasher installed (2020). The sale also includes a washer, dryer, refrigerator, and all window A/C units, making the property ready for its next tenants.
Estimated monthly utility costs are approximately $60 for water, sewer, and trash. Electric averages about $65/month in the winter and $250/month in the summer (with window A/C units). Gas averages approximately $150/month in the winter and $55/month in the summer.
Conveniently located just minutes from the University of Akron, this property is well-positioned to attract student renters year after year. Includes vacant lot and plenty of parking in the driveway. Whether you're looking to expand your investment portfolio or capitalize on the strong demand for off-campus housing, 651 Kling Street offers excellent income potential, property being SOLD AS-IS. Due diligence of the buyer to confirm square footage of building and land, those provided are based on auditors website.
Location
State OH
County Summit
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features No Garage, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Porch Porch
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Three Or More
Schools
School District Akron Csd - 7701
Others
Tax ID 6706464
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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Dawn Semancik
Team Leader | License ID: SAL.2016005292
Team Leader License ID: SAL.2016005292
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