651 Kling Street, Akron, OH 44311

Property Description

Excellent Investment Opportunity Near the University of Akron! This well-maintained rental property at 651 Kling Street will be vacant by August 20, 2026, providing the perfect opportunity for a new owner to set rents, lease to students for the upcoming semester, or occupy the home. 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.