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!
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53
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Zillow last checked:
Listing updated:
Listed by:
John Clark(866)212-4991,
eXp Realty
Source: DABR MLS,MLS#: 965178Originating MLS: Dayton Area Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Forced Air, Natural Gas
Cooling
None
Features
Basement: Full,Unfinished
Interior area
Total structure area: 4,956
Total interior livable area: 4,956 sqft
Property
Parking
Parking features: No Garage, Parking Lot
Lot
Size: 5,662 Square Feet
Dimensions: 40 x 137
Details
Parcel number: R72109090037
Zoning: Residential
Zoning description: Residential
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Condition
Year built: 1951
Utilities & green energy
Water: Public
Utilities for property: Natural Gas Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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