313 Grafton Ave, Dayton, OH 45406

This quad apartment in Grafton Hill is the next addition to an investor's portfolio. Each unit has 2 bedrooms and 1 bathroom. Units are fully rented at $630, $630, $610 and $600. There is a 4 car, detached garage; 2 of the parking spaces are rented to tenants for $35 a month, per spot. The additional two garage spots are currently used by a neighbor, who provides landscaping for the property in return. The garage has a new roof and has an electric door opener. In addition to the 4 main units, there is a 5th basement unit that could be rented out if the rehab is completed. The current owner has done some demo to get the space ready. The current owner has also installed electric heaters in all units, so that tenants are in charge of paying for their own heat. Owner pays water/trash/gas. With addition of electric heaters, the monthly gas bill is approximately $65 per month.