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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

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    $940/mo

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    $940/mo

    Rent Zestimate®

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    $1,161/mo

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    $1,161/mo

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    What's special

    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!

    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#: 9060972MLS Logo

    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
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    $204,100
    2% more+$4,082
    With Zillow Showcase(estimated)$208,182