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
$194,000
15 W Washburn St, New London, OH 44851
8beds
4baths
--sqft
Multi Family
Built in 1997
-- sqft lot
$232,900 Zestimate®
$--/sqft
$1,130 Estimated rent
Home value
$232,900
$212,000 - $256,000
$1,130/mo
Zestimate® history
Owner options
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$1,130/mo
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$1,130/mo
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$1,296/mo
Est. payment
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$1,296/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Daniel Amaro,
E-Merge Real Estate Champions
Bought with:
Daniel Amaro
E-Merge Real Estate Champions
Source: MAR,MLS#: 9060972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- None
Features
- Basement: Crawl Space
Property
Parking
- Parking features: Other, 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: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New London
Financial & listing details
- Annual tax amount: $642
- Date on market: 7/28/2024
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2024 | Sold | $194,000-7.6% |
Source:  MAR #9060972 Report a problem | ||
| 6/28/2024 | Contingent | $209,900 |
Source: MAR #9060972 Report a problem | ||
| 6/14/2024 | Price change | $209,9000% |
Source: MAR #9060972 Report a problem | ||
| 6/2/2024 | Price change | $209,9990% |
Source: Owner Report a problem | ||
| 5/30/2024 | Listed for sale | $210,000 |
Source: Owner Report a problem | ||
| 5/21/2024 | Pending sale | $210,000 |
Source: Owner Report a problem | ||
| 5/15/2024 | Listed for sale | $210,000+156.1% |
Source: Owner Report a problem | ||
| 2/25/2011 | Sold | $82,000 |
Source: MAR #10210343 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 44851
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Nearby schools
GreatSchools rating
- 5/10New London Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 6/10New London Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10New London High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: New London
Source: MAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Ohio
- Huron County
- New London
- 44851
- 15 W Washburn St
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