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8338 Woodgrove Drive Washington Twp, OH 45458
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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,234 sqft
Price per Sqft $119
MLS Listing ID 876744
Sold Date 01/12/23
Bedrooms 2
Full Baths 1
Year Built 1978
Annual Tax Amount $6,058
Lot Size 0.490 Acres
Lot Dimensions 100x213
Property Sub-Type 2-4 Units
Property Description
Outstanding brick ranch 4 family apartment bldg. in Washington Twp. (also for sale are 2 more 4 family apartment bldgs. located at 8490 Woodgrove Drive and 8328 Woodgrove Drive, each priced at $405,0000. 6 of the 12 units have been remodeled. All 3 buildings have newer windows and 10 of the 12 units have newer hvac systems. Current rents average abut $750.00 per unit, $3,000.00 per month per 4 family bldg. These rents are below market rents. Market rents are at least $850.00 per month per unit in my opinion, which would bring monthly rent to $3400.00 per 4 family building. The units are 2 bedroom with one bath. Call with questions or to tour a unit. These apartments have been beautifully maintained, fully occupied and make a great real estate investment. Compare. *Tenants pay heat and electric, operating expenses show property taxes only. NOI is only showing property taxes as an expense. (Call for additional expenses in addition to the property taxes).
Location
State OH
County Montgomery
Zoning Multiple
Rooms
Basement Slab
Interior
Interior Features Electric Water Heater
Heating Electric
Cooling Central
Exterior
Exterior Feature Cable TV, Patio
Parking Features None
Utilities Available 220 Volt Outlet, City Water, Sanitary Sewer
Building
Structure Type Brick
Schools
School District Centerville
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Bought with Coldwell Banker Heritage