Washington Twp, OH 45458,8338 Woodgrove Drive

$385,000

Est. payment /mo

$405,000

4.9%
Est.Price: ?

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8338 Woodgrove Drive Washington Twp, OH 45458

2 Beds

1 Bath

3,234 SqFt

SOLD DATE : 01/12/2023

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

Bedrooms 2

Full Baths 1

Year Built 1978

Annual Tax Amount $6,058

Lot Size 0.490 Acres

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

Interior

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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Dayton MLS (DTON)
Listed by RE/MAX Real Estate Specialists
Bought with Coldwell Banker Heritage
Evelyn Davidson

Evelyn Davidson

Agent | License ID: 2003020971

+1(937) 239-1540

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