130-150 Burgess Avenue Active Save Request In-Person Tour Request Virtual Tour
Dayton,OH 45415
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,109 sqft
Price per Sqft $37
MLS Listing ID 926980
Bedrooms 8
Full Baths 6
Year Built 1935
Annual Tax Amount $9,186
Lot Size 0.857 Acres
Lot Dimensions 250x150
Property Sub-Type 5+ Units
Property Description
Very unique real estate investment opportunity. This property consists of 4 single family homes and a 2500 sq ft event space all on the same parcel. 3 of the single family homes are 2 bed 1 bath homes with a 2 car detached garage and 1 home has a 1 car attached garage. The last single family home is a 2bed 1 bath home that can easily be converted to a 3 bed home with a 2 car detached garage. The event space can continue to be used as an event space to rent or could be converted to a duplex with 2bed 1 bath on each side. All properties except for the possible 3 bed home share the same large parking lot. All units will need a full rehab. All buildings are concrete type exteriors. If event space was converted to a 2bed duplex then property would consist of 5 - 2 bed units and a 3 bed unit. Each 2 bed unit should rent for $1,000 per home and the 3bed should rent for $1,500. That would be $6,500 monthly and $78,000 annual rental return.
Location
State OH
County Montgomery
Zoning Commercial
Rooms
Basement Full
Interior
Heating Forced Air,Hydronic Radiant,Natural Gas
Cooling Central,Window Unit
Exterior
Parking Features 1 Car,2 Car,Built In,Detached
Utilities Available City Water,Natural Gas,Sanitary Sewer
Building
Structure Type Cement / Fiber Board
Schools
School District Dayton