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$ 800,000
Est. payment | /mo
26 Beds
12 Baths
10,080 SqFt
$ 800,000
Est. payment | /mo
26 Beds
12 Baths
10,080 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 10,080 sqft
Price per Sqft $79
MLS Listing ID 943285
Bedrooms 26
Full Baths 12
Year Built 1971
Annual Tax Amount $9,552
Lot Size 0.380 Acres
Lot Dimensions 105x170x85x182
Property Sub-Type 5+ Units
Property Description
Exceptional Multi-Family Investment Opportunity in Riverside! Discover this incredible 12-unit multi-family property in the highly desirable Riverside neighborhood of Dayton. With over 10,000 total square feet, this investment gem features 10 spacious two-bedroom apartments and 2 three-bedroom apartments, each designed to attract and retain long-term tenants. Currently fully occupied and generating strong returns, this property boasts an impressive cap rate approaching 10%, offering excellent cash flow and endless income potential. Whether you're a first-time investor looking for a solid entry point or a seasoned investor seeking to expand your portfolio, this property checks all the boxes. Highlights: 12 total units: (10) 2-bedrooms + (2) 3-bedrooms. Over 10,000 sq. ft. of rentable space. Consistently strong rental history. Nearly 10% cap rate with great cash flow. Located in the growing and convenient Riverside neighborhood. Fully occupied and ready for its new owner. This is a turnkey investment with proven performance—a rare find in today's market. Don't miss your chance to own a property that will continue to generate reliable, long-term income for years to come!
Location
State OH
County Montgomery
Zoning Residential,Commercial
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central
Exterior
Parking Features None
Utilities Available 220 Volt Outlet
Building
Structure Type Brick
Schools
School District Mad River
Listed by Howard Hanna Real Estate Serv