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9584 Greenmeadow Road

Windham, OH 44288
  • $525,000
  • STATUS: Active
  • ON SITE: 184 Days
  • MLS #: 5011448
$525,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1942
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Keller Williams Citywide.
Listing information © 2024 YES-MLS.

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.

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Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Kennen & Kennen Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-19T00:08:25.627.
www.kennenrealtors.com/homes/146676767
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9584 Greenmeadow Road Windham, OH 44288

  • Price: $525,000
  • Status: Active
  • On Site: 184 Days
  • MLS #: 5011448
0
Beds
0
Baths
0
½ Baths
0.43
Acres
1942
Built
Neighborhood:
Maple Grove Park
County:
Portage
Area:
Windham
School District:
Windham Evsd - 6711
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.
Exterior Features

Attached Garage YN No

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Main Level Bathrooms 0

Property Features

Elementary School District Windham EVSD - 6711 Listing Terms Cash Conventional Item1031 Exchange Middle Or Junior School District Windham EVSD - 6711 Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions Real Estate Owned Tax Annual Amount 1845 Township Other Township Water Source Public

Listing information © 2024 YES-MLS.
Listing provided courtesy of Keller Williams Citywide: 440-892-2211.
Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Kennen & Kennen Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-19T00:08:25.627.
 
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Kennen & Kennen Realtors
2241 Chapline St.
Wheeling WV, 26003
Listing courtesy of Keller Williams Citywide.
Listing information © 2024 YES-MLS.