Attention multi-family investors! This fully occupied four-unit property at 15 W Washburn is a cash cow. The property has an extensive list of recent repairs, and inspection reports are available. Priced at $209,900, this property generates $2,800 in monthly gross income, offering a fantastic return on investment. Each unit features two bedrooms and one bathroom WITH LAUNDRY in each unit. Leases end in December 2024, February 2025, March 2025, and May 2025. Tenants pay for electricity, while owners cover water, sewer, and trash at an average of $280/month for all units, thanks to recent upgrades. Two units are completely renovated with new flooring, paint, and bathrooms. Proof of funds or pre-approval is required for showings, with a 24-hour notice to respect tenant rights. Don't miss this incredible opportunity to enhance your real estate portfolio!
Sold for $194,000 on 07/26/24
$194,000
15 W Washburn St, New London, OH 44851
8beds
4baths
--sqft
Multi Family
Built in 1997
-- sqft lot
$204,100 Zestimate®
$--/sqft
$940 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Daniel Amaro,
E-Merge Real Estate Champions
Bought with:
Daniel Amaro, 2021008884
E-Merge Real Estate Champions
Source: MAR,MLS#: 9060972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- None
Appliances
- Included: Microwave, Oven, Refrigerator, Electric Water Heater
Features
- Ceiling Fan(s)
- Flooring: Carpet
- Basement: Crawl Space
Property
Parking
- Total spaces: 1
- Parking features: 1 Space, Parking Lot, On Street, Gravel
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 0.27 Acres
- Dimensions: 0.27
Details
- Parcel number: 26021A030160100
- Special conditions: Sold As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: New London
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$204,100
2% more+$4,082
With Zillow Showcase(estimated)$208,182