$525,000
Active
147 Days Online
0 Beds0 Baths0 SQFT
Active

9584 Greenmeadow Road Windham, OH 44288

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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.

  • Property TypeCondo
  • NeighborhoodMaple Grove Park
  • CountyPortage
  • Taxes$1,845
  • HOA/Condo/Coop Fees$0
  • Days on Site147 Days
  • MLS StatusActive
  • MLS ID Number5011448
  • Home Size Source N/A
  • Year Built1942
  • Lot Size0.43 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Sewer Public Sewer
  • Acreage 0.43
  • Water Public
  • Property Sub Type Apartment
  • Attached Garage No
  • Listing Conditions Real Estate Owned

Interior Features

  • Cooling Central Air
  • Heating Forced Air

Community Features

  • Township Other Township

Schools

School District
Windham EVSD - 6711
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,791
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