Description
Excellent investment opportunity with this solid 4-unit brick multifamily property conveniently located just minutes from downtown Dayton. Whether you’re looking to expand your portfolio or begin investing in multifamily real estate, this property offers immediate cash flow with significant upside.Currently, 2 of the 4 units are occupied, each paying $800 per month plus a $50 monthly water surcharge, with tenants responsible for all other utilities. Two units will be vacant at closing, providing an excellent opportunity for an owner occupant or an investor to place a new tenant at current market rents. One vacant unit (2) is available for showings. The remaining occupied units may be viewed following an accepted contract to minimize disruption to the tenants.With half the units already producing income and additional value-add potential through lease-up, this property presents an excellent opportunity for investors seeking both immediate cash flow and increased returns. Don’t miss your chance to add this income-producing brick fourplex to your portfolio. Schedule your showing today!
Details
| MLS # | 965178 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1951 |
| Days On Site | 27 |
| Listing Provided By | eXp Realty | John Clark |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,956 |
| Basement | Y |
| Acreage | 0.13 |
Taxes
| Property | 3408 |
|---|
Area Information
| State | OH |
|---|---|
| County | Montgomery |
| City | Dayton |
| Zip Code | 45405 |
| Area | Montgomery |
| Community Name | City/Dayton |
| School District | Dayton |
| Listing VS Median (in City/Dayton) | |
Price: $259,900 low | high Med: $120,000 sqft: 4,956 low | high Med: 1,213 $ / sqft: $52 low | high Med: $112 On site: 27 low | high Med: 5 | |
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Learn More About This Property
| State | OH |
|---|---|
| County | Montgomery |
| City | Dayton |
| Zip Code | 45405 |
| Area | Montgomery |
| Community Name | City/Dayton |
| School District | Dayton |
| Listing VS Median (in City/Dayton) | |
Price: $259,900 low | high Med: $120,000 sqft: 4,956 low | high Med: 1,213 $ / sqft: $52 low | high Med: $112 On site: 27 low | high Med: 5 | |