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RÉSUMÉ DE L'ANNONCE
18-Unit Apartment Building Recently Updated
Near Kent State University, Portage County, OH
(4) 2-Bedroom & (14) 1-Bedroom Units, Public Utilities
Live Auction With Online Bidding Available
Absolute auction, all sells to the highest bidder on location: 1605 S. Water Street, Kent, OH 44240. Directions: Property is located just north of SR 261 on S. Water Street.
Monday, November 17, 2025, 12:30 PM
Real Estate offers a tastefully updated and remodeled 18-unit apartment building. There are (4) 2-bedroom units and (14) 1-bedroom units. Each unit offers living room, kitchen with appliances and full bathroom. Additional features include paved parking, gas hot water heat, public utilities, and laundry facility with coin operated machines. Updates include roof in 2023, boilers in 2024, electric panels in 2024, exterior stain in 2025, and a majority of the units were updated in 2024/2025. Owner pays heat, water, sewer and trash. Taxes per half year are $4,575. Property is walking distance to Kent State University, shopping and restaurants. Combined monthly rent as of August 2025 is $16,110.
Terms On Real Estate: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.
Auctioneer/Realtor: Randy L. Compton, CES, CAI, AARE, 330.704.5702 or rcompton@kikocompany.com and Richard T. Kiko Jr., 330.455.9357, or dkiko@kikocompany.com.
Near Kent State University, Portage County, OH
(4) 2-Bedroom & (14) 1-Bedroom Units, Public Utilities
Live Auction With Online Bidding Available
Absolute auction, all sells to the highest bidder on location: 1605 S. Water Street, Kent, OH 44240. Directions: Property is located just north of SR 261 on S. Water Street.
Monday, November 17, 2025, 12:30 PM
Real Estate offers a tastefully updated and remodeled 18-unit apartment building. There are (4) 2-bedroom units and (14) 1-bedroom units. Each unit offers living room, kitchen with appliances and full bathroom. Additional features include paved parking, gas hot water heat, public utilities, and laundry facility with coin operated machines. Updates include roof in 2023, boilers in 2024, electric panels in 2024, exterior stain in 2025, and a majority of the units were updated in 2024/2025. Owner pays heat, water, sewer and trash. Taxes per half year are $4,575. Property is walking distance to Kent State University, shopping and restaurants. Combined monthly rent as of August 2025 is $16,110.
Terms On Real Estate: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.
Auctioneer/Realtor: Randy L. Compton, CES, CAI, AARE, 330.704.5702 or rcompton@kikocompany.com and Richard T. Kiko Jr., 330.455.9357, or dkiko@kikocompany.com.
FAITS SUR LA PROPRIÉTÉ Sous contrat
| Type de vente | Investissement | Taille du lot | 0,33 AC |
| Nombre d’unités | 18 | Taille du bâtiment | 14 379 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 3 |
| Sous-type de propriété | Appartement | Année de construction | 1963 |
| Style d’appartement | De faible hauteur | Ratio de stationnement | 0,83/1 000 pi² |
| Classe d’immeuble | C |
| Type de vente | Investissement |
| Nombre d’unités | 18 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,33 AC |
| Taille du bâtiment | 14 379 pi² |
| Nombre d’étages | 3 |
| Année de construction | 1963 |
| Ratio de stationnement | 0,83/1 000 pi² |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| Studios | 18 | - | - |
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Impôts fonciers
| Numéro de lot | 17-006-20-00-044-000 | Évaluation des bâtiments | 178 167 $ CAD |
| Évaluation du terrain | 39 977 $ CAD | Évaluation totale | 218 144 $ CAD |
Impôts fonciers
Numéro de lot
17-006-20-00-044-000
Évaluation du terrain
39 977 $ CAD
Évaluation des bâtiments
178 167 $ CAD
Évaluation totale
218 144 $ CAD
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1605 S Water St
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