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Key Details
Sold Price $368,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,384 sqft
Price per Sqft $57
MLS Listing ID 950796
Sold Date 04/30/26
Bedrooms 11
Full Baths 6
Year Built 1950
Annual Tax Amount $3,796
Lot Size 4,717 Sqft
Lot Dimensions 6384
Property Sub-Type 5+ Units
Property Description
Instant Equity! Appraised for $400,000 in March 2025! Currently rented for $3825 with 1 2 bed vacant for showings with rent being $4,600+ a month at full occupancy, Market Rents of $5,000 a month, $60,000 annual gross revenue.
This well-maintained 6-unit multi-family was fully renovated top to bottom with New kitchens, bathrooms, flooring, lighting, windows, & roof in 2022. The units are extremely spacious with nearly 900 sq ft per unit, encouraging long term residents. This is a great investment for someone looking for a turnkey building that will have strong cashflow, long term tenants due to renovation & large units, & limited near term CapEx since everything in the building is new within the last couple of years. Situated in a convenient location with easy access to public transit and local amenities, this property is primed for a "set and forget" portfolio addition or a value-add play for higher market rents. Don't miss out on this high-performing asset—schedule your tour today!
Unit #6 has been left vacant for showings & remainder can be viewed once under contract. 3 of 5 units are on MTM leases
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling Window Unit
Exterior
Parking Features None
Building
Structure Type Brick
Schools
School District Dayton
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Bought with Red 1 Realty
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