Price Reduced Listing
Description
Back on the market due to the previous buyer losing financing, giving you another opportunity to grab this solid brick fourplex just minutes from Downtown Dayton. Two of the four units are currently occupied, each paying $800 per month plus a $50 monthly water surcharge, generating $1,700 per month and $20,400 annually in current gross income. The other two units are now vacant, creating immediate upside for an investor or an outstanding house hacking opportunity.An investor could lease both vacant units and, even at the same rents currently being collected, increase potential gross income to approximately $3,400 per month and $40,800 annually. Or live in one vacant unit and rent the other three, with potential rental income of approximately $2,550 per month if the third unit rents at the same rate as the existing units. Actual future rents may vary based on market conditions.Tenants pay their own gas and electric, along with the monthly water surcharge. Both vacant units are available to tour now, while occupied units may be viewed following an accepted contract to minimize tenant disruption. With existing income already in place, two immediately available units, and multiple ways to maximize cash flow, this property offers tremendous flexibility for both investors and owner occupants. Whether you are expanding your portfolio or looking to live in one unit while your tenants help offset your housing costs, this fourplex deserves a serious look. Schedule your showing today.
Details
| MLS # | 965178 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1951 |
| Days On Site | 74 |
| Listing Provided By | eXp Realty | John Clark |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,956 |
| Basement | Y |
| Acreage | 0.13 |
Taxes
| Property | 3408 |
|---|
Area Information
| State | OH |
|---|---|
| County | Montgomery |
| City | Dayton |
| Zip Code | 45405 |
| Area | Montgomery |
| Community Name | City/Dayton |
| School District | Dayton |
| Listing VS Median (in City/Dayton) | |
Price: $254,900 low | high Med: $129,950 sqft: 4,956 low | high Med: 2,384 $ / sqft: $51 low | high Med: $59 On site: 74 low | high Med: 65.5 | |
Request a showing
Request a showing
© 2023 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Dayton Ohio MLS (DTON) - 48 - OH are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.Contact
Learn More About This Property
| State | OH |
|---|---|
| County | Montgomery |
| City | Dayton |
| Zip Code | 45405 |
| Area | Montgomery |
| Community Name | City/Dayton |
| School District | Dayton |
| Listing VS Median (in City/Dayton) | |
Price: $254,900 low | high Med: $129,950 sqft: 4,956 low | high Med: 2,384 $ / sqft: $51 low | high Med: $59 On site: 74 low | high Med: 65.5 | |