20
See all 20 photos
$649,900
Est. payment /mo
21 BD
7 BA
12,606 SqFt
Active
151-163 Grove Avenue #151 Dayton, OH 45404
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UPDATED:
12/03/2024 07:39 PM
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 12,606 sqft
Price per Sqft $51
MLS Listing ID 924115
Bedrooms 21
Full Baths 7
Year Built 1900
Annual Tax Amount $10,560
Lot Size 0.290 Acres
Lot Dimensions 99 x 126.5
Property Description
Investors, this is a rare opportunity to add a cash-flowing, 7-unit townhouse-style rental property to your portfolio! Nestled in the heart of Old North Dayton, this stabilized property has four fully remodeled units in last few years, with rents up to ~$1,000. All units are 3-bedroom, 1-bath, 1,150 sqft townhouses with full walkout basements. Tenants pay for electricity and gas, while the owner pays for water, sewer, and trash. This low-maintenance property with a strong track record of rental income is a great investment opportunity. The townhouse-style units are in high demand, and the property is in a convenient and desirable neighborhood, minutes away from downtown Dayton and the Dayton Children's Hospital. Out of town owner invested in updates to own the property for forever, but now needs to meet other obligations.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Full, Unfinished, Walkout
Kitchen Laminate Counters, Remodeled
Interior
Interior Features Gas Water Heater
Heating Forced Air, Natural Gas
Cooling Central
Exterior
Exterior Feature Porch
Parking Features None
Utilities Available 220 Volt Outlet, City Water, Natural Gas, Sanitary Sewer
Building
Structure Type Brick
Schools
School District Dayton
Listed by Keller Williams Community Part