Windham, OH 44288,9038 Maple Grove RD
Windham, OH 44288,9038 Maple Grove RD
Windham, OH 44288,9038 Maple Grove RD
$335,000
Est. payment /mo
$375,000
10.7%
Est.Price: ?

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0.78 Acres Lot
SOLD DATE : 09/06/2022

Key Details

Sold Price $335,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Maple Grove Park

MLS Listing ID 4339669

Sold Date 09/06/22

HOA Y/N No

Year Built 1942

Annual Tax Amount $4,593

Lot Size 0.780 Acres

Acres 0.78

Property Description

(2) Apartment buildings on ~3/4 acre in the heart of Windham. The first building has 6 units, the second building has 5 units. Current occupancy is 72.3% (8/11 units). 3 units are in need of renovation/finishing. Rental rate estimates according to owner: (1) 5 or 6 bedroom unit = $1,200.00/ $1,400.00 per months. (3) 3 bedroom units = $750.00 per month. (7) 2 bedroom units = $650.00 per month. Seller pays for water and trash. The tenant pays for electricity and gas. Estimated monthly expenses for 75% occupancy is $20,400.00 per year. This includes taxes, insurance, trash, and water. Hypothetical gross yearly income at 75% occupancy is $72,000.00. Seller does all management, maintenance, and lawn care.

Location

State OH

County Portage

Rooms

Basement None

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Building

Water Public

Schools

School District Windham Evsd - 6711

Others

Tax ID 41-057-10-00-067-000

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Listed by Lauren Patrick • Vincent Patrick Realty
Bought with Catherine Middendorf • Century 21 Carolyn Riley RL Est. Srvcs.
Justin Carroll

REALTOR / Team Lead | License ID: C2015004696

+1(330) 705-3640 | justin@jcsells.com

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