REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 230,000
Est. payment | /mo
8 Beds
6 Baths
6,109 SqFt
$ 230,000
Est. payment | /mo
8 Beds
6 Baths
6,109 SqFt
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
Listed by Red 1 Realty
GET MORE INFORMATION
James May
Realtors | Lic# 3002249