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9038 Maple Grove Rd 9042, Windham, OH 44288

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For Sale

$675,000

24 beds10,504 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Apartment
    Property type

  • 1942
    Year built

  • $64.26
    Price per square foot

Explore this Property

12-unit townhome-style apartment complex with a green courtyard between 2 buildings. Tenants pay their own gas and electric. Owner pays water/sewer and trash. 6 of the 12 units completely renovated in the last 12 months. Over $130k invested in recent capital improvements. Most units have newer kitchens, baths, and windows. Professionally managed. Approximately 30 minutes to Kent State, just outside of Ravenna and Garretsville. Mix of subsidized and open market tenants. Room for rent improvements. 2 Bedrooms are currently garnering $700 and 3 bedrooms are garnering $800, both + gas and electric through PMHA with owner paying only water/sewer and trash. Separate the combined units and add another $6k to your annual gross income! There are currently no vacancies. Walk-through will be arranged with an accepted contract. Please no knocking on tenant doors or disturbing tenants. 9042 E/F tenants are currently escrowing rent while management works on making repairs. Contact Katie or Mark for additional details. Current owner is working on making the repairs. November rent roll is attached in the supplements. Katie Middendorf is also a broker at the PM company, Carolyn Riley Property Management.
MLS# 4498681

Listed By CENTURY 21 Carolyn Riley Realty

Property Features

  • Sewer
    City
  • Style
    2 Story
  • Water
    City Water

Home seller CENTURY 21 Carolyn Riley Realty

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Katie Middendorf of The Middendorf Group

of CENTURY 21 Carolyn Riley Realty

(330) 697-5411
Learn More About Us

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