Windham, OH 44288,9584 Greenmeadow RD
Windham, OH 44288,9584 Greenmeadow RD
Windham, OH 44288,9584 Greenmeadow RD
34
$518,000
$525,000
1.3%
Est.Price: ?

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0.43 Acres Lot

9584 Greenmeadow RD Windham, OH 44288

Est. payment /mo
SOLD DATE : 09/30/2024

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Key Details

Sold Price $518,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Maple Grove Park

MLS Listing ID 5011448

Sold Date 09/30/24

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1942

Annual Tax Amount $1,845

Tax Year 2023

Lot Size 0.430 Acres

Acres 0.43

Property Description

11% cap rate as is with ALL large capital improvements recently updated. New Windows, New Sidings, New Roof, New Mechanicals- each unit even got brand new A/c installed. This multi-family currently brings in $81k/year gross rent with super low expenses at just $20k/year (which includes 10% mgmt, insurance, 5% maintenance, , trash, landscaping, utilities and the rental registration. This 6 Unit consists of 4- 4 bedroom units and 2- 1 bedroom units. The 4 beds are all with PMHA and receive $1400/mo (which is about to be increased to $1500 because they are renting so fast!) The 1 beds are at $650 each and have lots of room for growth. Tenants pay ALL off their own utilities, including water & sewer. Seller is open to up to $50k of seller financing for the right buyer. Windham is a small town between 4 large metropolitan areas including Cleveland, Warren, Youngstown and Canton. Owning the nicest building in a small town creates nearly guaranteed long term tenants ( and thanks to PMHA, Guaranteed rent too) Contact Erin for more information.

Location

State OH

County Portage

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Construction Status Updated/Remodeled

Schools

School District Windham Evsd - 6711

Others

Tax ID 41-057-10-00-155-000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Real Estate Owned

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Listed by Gregory Erlanger • Keller Williams Citywide • Info@EZSalesTeam.com 216-916-7778
Bought with Jessica C Fisk • EXP Realty, LLC.

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agent

Kristopher Kramer

License ID: 2017004557

+1(330) 391-1545

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