1108-1110 S Water Street, Kent, OH 44240

$300,000

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Sold Price
$300,000
List Price
$310,000
Status
CLOSED
Days on Market
233
Closing Date
Nov 13, 2025
MLS#
5109375
Subtype
Commercial Sale
Year Built
1967
Acres
0.43
Subdivision
Ains Sd
Neighborhood
Ains Sd
MLS Area Major
Kent

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)

Additional Information

Taxes
$5,695
Heating
Forced Air, Gas
Air Conditioning
Central Air
Stories
1
Levels
One
Parking Features
Concrete
School District
Kent CSD - 6705

Listing Courtesy of: Greg A Lehrer, greg@carriagegrouprealty.com With Carriage Group Realty

Selling Office: Non-Member.

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