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$ 685,000
Est. payment | /mo
10 Beds
8 Baths
6,782 SqFt
$ 685,000
Est. payment | /mo
10 Beds
8 Baths
6,782 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,782 sqft
Price per Sqft $101
MLS Listing ID 971615
Bedrooms 10
Full Baths 8
Year Built 1920
Annual Tax Amount $3,284
Lot Size 0.270 Acres
Lot Dimensions 0.27
Property Sub-Type 5+ Units
Property Description
Incredible high-yielding multi-family addition for your portfolio in Piqua! Located half a mile north of downtown, this investment opportunity features two separate brick structures comprising two studios, two 1-bedroom units, and four spacious 2-bedroom units sharing 6,782 sqft. Over $145k in updates since 2018, including a newer shingle roof (approx. 3 yrs old), brand new windows (2023), finished exteriors, and beautifully updated interior configurations finalized between 2019 and 2025. Offers stable cash flow with active leases signed into 2027 at full asking rates. Current average effective rent $8638/mo. Features on-site driveway parking alongside a detached 2-car garage. Immediate turnkey operational value with excellent room for continued optimization. Buyer to verify all figures.
Location
State OH
County Miami
Zoning Multiple
Rooms
Basement Other
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features 2 Car, Detached
Building
Structure Type Brick
Schools
School District Piqua
Listed by Outside The Box Real Estate