Tina Meredith
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2803 Lansing Drive
Dayton, OH 45420

$574,285

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Listing Details

  • $574,285
  • MLS# 955201
  • Type Multi Unit - Multiple
  • Status Active
  • 10
    Bedrooms
  • 5 full
    Bathrooms
  • 4,290
    Square Feet
  • 0.160 acres
    Lot Size
  • 1968
    Year Built
  • Dayton
    Local Schools

Local Information

Listed By

Agency Name: BHHS Professional Realty
Agency Phone: (937) 436-9494

Shown By

Agent Name: Tina Meredith
Agent Phone: Cell: (937) 620-9074
Agency Title: Irongate Inc., Realtors

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Home Value Estimate


Description

This turn key 5 unit consist of a 4 unit with an attached ranch style apartment. Each unit is a 2 bedroom, 1 bath unit and has been uptated and move in condition. This building offers a rare combination of dependable cash floor, low management intensity and tenant stability. Fully leased (3 year lease) to a responsible tenant that pays all utilities and manages common day to day maintenance items. Built in renewal clause ensuring income growth after initial term ends in 2028. Annual gross income is $60,000.00. Totally updated, many capital improvements made. Operating expenses are minimal, long-term viability and strong market demand.1000...read more

Features

  • None
  • Forced Air, Natural Gas
  • $10,854 Taxes
  • Built in 1968

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