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    9038 Maple Grove Road

    Windham, OH 44288
    • $375,000
    • STATUS: Active
    • ON SITE: 174 Days
    • MLS #: 4274188
    UPDATED: 51 min ago
    $375,000
    • 0
      BEDS
    • 0.78
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1942
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Re/Max Rising.
    Listing information © 2021 YES-MLS.

    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 units / 11 units). 3 units are in need of renovation/finishing. Rental rate estimates according to owner: (1) 5 or 6 bedroom unit = $1200.00 / $1400.00 per month. (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.

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    Listing information © 2021 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 Keller Williams Chervenic Realty 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 2021-10-21T14:08:46.473.
    www.visionsalesteam.com/homes/116581310
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    9038 Maple Grove Road Windham, OH 44288

    • Price: $375,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 4274188
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.78
    Acres
    1942
    Built
    Neighborhood:
    Maple Grove Park
    County:
    Portage
    Area:
    Windham
    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 units / 11 units). 3 units are in need of renovation/finishing. Rental rate estimates according to owner: (1) 5 or 6 bedroom unit = $1200.00 / $1400.00 per month. (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.
    Exterior Features

    Roof AsphaltFiberglass

    Interior Features

    Basement None Basement YN No Building Area Total 0 Cooling None Cooling YN No Heating Forced AirGas Heating YN Yes

    Property Features

    Lease Considered YN No Listing Terms CashConventional Owner Pays Trash CollectionWater Property Sub Type Apartment Tax Annual Amount 4593 Tenant Pays ElectricityGas Township Windham Vlg Water Source Public Year Built Details Actual Ybt

    Listing information © 2021 YES-MLS.
    Listing provided courtesy of Re/Max Rising.
    Listing information © 2021 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 Keller Williams Chervenic Realty 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 2021-10-21T14:08:46.473.
     
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    Keller Williams Chervenic Realty
    3333 Massillon Rd., Suite 10
    Akron OH, 44312
    Listing courtesy of Re/Max Rising.
    Listing information © 2021 YES-MLS.