Extensively renovated 5-unit apartment building (four 1-BRs and one 2-BR) with no deferred maintenance. Unique commercially zoned property has stately appeal with a common, raised front porch that overlooks the brand new West Carrollton Intermediate School--directly across the street. Location is outstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, with the one remaining in excellent condition. New roof, mostly new windows, new HVACs, new on-demand gas hot water, mostly new flooring, mostly new appliances, cabinets and countertops throughout; new paint. Modern styling and quickly rentable. 2-BR has private laundry room and Common coin laundry and tenant storage area for other units; newly paved/ repaved and lined designated space parking lot. Electronic main door entries and 4-camera exterior security. New exterior aluminum trim, siding and paint. Nicely landscaped and attractive setting. Commercial appraisal conducted in December 2024: valued at $470K for bank loan (can be provided upon serious offer request). NOI analysis for full year of 2024 operations provided in supplemental documents year, demonstrating net $43,000/ year after expenses (excluding mortgage). Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.
For sale
Price cut: $10K (7/15)
$465,000
4121 S Dixie Dr, Dayton, OH 45439
6beds
4,284sqft
Est.:
Multi Family
Built in 1935
-- sqft lot
$-- Zestimate®
$109/sqft
$-- HOA
What's special
Private laundry roomNew exterior aluminum trimAttractive settingCommon coin laundryCommon raised front porchDesignated space parking lotModern styling
- 345 days
- on Zillow |
- 341 |
- 21 |
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