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$ 435,000
Est. payment | /mo
12 Beds
6 Baths
4,608 SqFt
$ 435,000
Est. payment | /mo
12 Beds
6 Baths
4,608 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,608 sqft
Price per Sqft $94
MLS Listing ID 971949
Bedrooms 12
Full Baths 6
Year Built 1969
Annual Tax Amount $11,800
Lot Size 7,405 Sqft
Lot Dimensions 50x150
Property Sub-Type 5+ Units
Property Description
Excellent investment opportunity in Dayton! This six-unit multifamily property features six spacious two-bedroom, one-bathroom apartments, offering an attractive unit mix and strong potential for long-term rental income and portfolio growth. The property has demonstrated positive financial performance, generating $42,383 in operating income and $22,738 in net operating income (NOI) from January through October 2026. Additional revenue streams include pet rent, laundry income, and utility reimbursements, providing opportunities for diversified income beyond base rents.
Currently, four of the six units are occupied, generating $2,823 in monthly scheduled rental income, with two vacant units (due to recent move outs) presenting an immediate opportunity to increase occupancy and cash flow. Investors have the potential to enhance returns through leasing the remaining units, evaluating rental rates, and maximizing operational efficiencies.
High efficiency boiler replaced in 2025 for hot water and heat service to the building.
Currently, four of the six units are occupied, generating $2,823 in monthly scheduled rental income, with two vacant units (due to recent move outs) presenting an immediate opportunity to increase occupancy and cash flow. Investors have the potential to enhance returns through leasing the remaining units, evaluating rental rates, and maximizing operational efficiencies.
High efficiency boiler replaced in 2025 for hot water and heat service to the building.
Location
State OH
County Montgomery
Zoning Residential,Multiple
Rooms
Basement Slab
Interior
Heating Baseboard, Hydronic Baseboard, Natural Gas
Cooling Wall
Exterior
Parking Features None
Building
Structure Type Brick
Schools
School District Dayton
Listed by Bridgestream Realty