151 Grove Avenue, Dayton, OH 45404

$514,999
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New to the Market Status - Active
3BEDS 1 fullBATHS 12,606SQUARE FEET 969165MLS# DaytonSCHOOL

Home Value Estimate


Description

OUTSTANDING INVESTMENT OPPORTUNITY! Brick two-story seven-unit multifamily property featuring seven spacious three-bedroom, one-bath townhouse apartments, each with a private exterior entrance. Current gross rental income is $6,875 per month, or $82,500 annually, providing an attractive existing income stream with potential for continued growth. Over half of the units have been remodeled in recent years, with rents as high as $1,075/month, offering investors a strong combination of current cash flow and future upside. Individual rents range from $925 to $1,075/month. Tenants pay electric and gas; owner pays water, sewer and trash. Full unfinished...read more

Features

  • Central
  • Forced Air, Natural Gas
  • $11,191 Taxes
  • Built in 1900

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