9038 Maple Grove Road Windham, OH ^$ 595,000

9038 Maple Grove Road

^$ 595,000

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9038 Maple Grove Road

Windham, OH, 44288

^$ 595,000

Studio Baths0.0 Sq 10,504

Monthly Estimate*

^$ 4,156

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Studio

Commercial Property for sale in Windham, OH

for $595,000. This 10,504 square foot building was built in 1942.

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 subidized and open market tenants.

Commercial Active

Price

^$ 595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,898

Style

Year Built

1942

Town/City

Windham

County/Region

Portage

MLS | Web ID

4498681

Features

General

Sewer PublicSewer

Heating ForcedAir Gas

Cooling None

Possession DeliveryOfDeed

Roof Asphalt Fiberglass

Year Built 1942

Tenant Pays Electricity Gas

Property SubType Apartment

HOA Fee 2 14400.0

County Portage

Net Operating Income 50292.0

Operating Expense 48408.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Subdivision Name Maple Grove Park

Garage Y/N N

Status Active

Directions Hudson Braceville Rd to Maple Grove

City Windham

Buyer Agent Compensation 3%

View Y/N N

Senior Community Y/N N

High School District Windham EVSD - 6711

Total Units 12

Waterfront Y/N N

Carport Y/N N

Street Name Maple Grove

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2898.0

Home Warranty Y/N N

Water Sewer Expense 10080.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 104

Standard Status Active

Occupancy Description Tenant

Middle/Junior School District Windham EVSD - 6711

Elementary School District Windham EVSD - 6711

Total Actual Rent 7152.0

Property Sub Type Additional Apartment

Legal Description MAPLE GROVE PARK 1 LOT 25

Interior

Basement None

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 10504.0

Street Suffix Road

Electric On Property Y/N N

Main Level Bathrooms 0

Above Grade Finished Area Source Realist

Exterior

Parking Features None OnSite Outside

Water Source Public

Number of Buildings 2

Spa N

Building Area Total 10504.0

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 9038

* Excluded Features

List By

Mark E Miller

Listing Agent

Century 21 Carolyn Riley Rl. Est. Srvcs, Inc.

Broker

mark@mmgnow.com

Affordability Calculator

$4,398

Per Month

Monthly Principal & Interest: $4,156
Monthly Property Taxes: $242
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Windham, OH

Average List Price ^$371,250

Percent of Sale Price 38%

About Windham, OH

1,938 Population

-31% Since 2002

^$40,305 Median Income

33.42 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4458998 Elementary School

4458895 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/6/2024	$595,000	-9.85%	Price Down
1/3/2024	$660,000	-2.22%	Price Down
11/17/2023	$675,000		Listed Price

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9038 Maple Grove Road, Windham, OH, 44288 is a Commercial Property for sale at $595,000 with 10,504 sqft. 9038 Maple Grove Road is a studio with 0.0 baths and was built in 1942. The property's zip code is 44288 which is in Windham, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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9038 Maple Grove Road

Commercial Property for sale in Windham, OH

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