418 Woodard Avenue

418 Woodard Avenue, Louisville, OH

IN CONTRACT

$1,500,000

Price

1.7 acres

Lot Area

1977

Year Built

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Street
Map
Overview
Lot Area
1.7 acres
Year Built
1977
MlsNumber
5029162
Description

West on Woodard from N. Chapel St

Apartment - Louisville, OH

Welcome to this lucrative investment opportunity in a thriving community! This well-maintained 18-unit townhouse-style apartment building offers a rare chance to own a profitable property where tenants cover all expenses. Each unit features the convenience of assigned covered parking, ensuring tenants’ vehicles are protected year-round. The spacious townhouse layout provides residents with a comfortable living space, making it an attractive option for renters. With an average rent of $740 per unit, this property offers a stable income stream. Its prime location adds to its appeal, providing easy access to local amenities and transportation. Gross monthly rent is $13,300 and monthly expenses are $2,236. All units are occupied and tenants are current.

Highlights
  • Tax Roll Number: 03603589
  • Annual Tax: $ 10778.0
  • Roof: Composition Shingle
  • Fireplace Description: Electric
  • Heating Fuel Type: Gas
  • Heating Type: Forced Air
  • Exterior Description: Other
  • Garage Description: Carport
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Listing ID: a3b6c86c-fd38-407e-a878-bae027373ad6
Location
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