See all 37 photos
37 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$399,000
Est. payment /mo
8 Beds
2 Baths
2,848 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex/Double
Listing Status Active
Purchase Type For Sale
Square Footage 2,848 sqft
Price per Sqft $140
MLS Listing ID 962749
Bedrooms 8
Full Baths 2
Year Built 1875
Annual Tax Amount $420
Lot Size 2,687 Sqft
Lot Dimensions of record
Property Sub-Type Duplex/Double
Property Description
Exceptional cash-flow opportunity! This updated 8-bedroom, 2-bath duplex is currently operated as a room-by-room rental, generating $5,600 per month in gross rental income ($700 per room) with approximately $800 per month in operating expenses, creating a strong income-producing investment.
The property has been thoughtfully updated and features granite countertops, a modern in-wall electric fireplace, updated finishes, and spacious common areas that appeal to tenants. All tenants are currently on month-to-month leases, providing the next owner with maximum flexibility to continue the current rental model, adjust rents, or implement their own investment strategy.
Whether you're looking to expand your portfolio with a high-performing rental or capitalize on a proven cash-flowing asset, this property offers immediate income potential with room for future optimization. Conveniently located near downtown Dayton, universities, hospitals, and major employers, this is an outstanding opportunity for both seasoned and first-time investors!
The property has been thoughtfully updated and features granite countertops, a modern in-wall electric fireplace, updated finishes, and spacious common areas that appeal to tenants. All tenants are currently on month-to-month leases, providing the next owner with maximum flexibility to continue the current rental model, adjust rents, or implement their own investment strategy.
Whether you're looking to expand your portfolio with a high-performing rental or capitalize on a proven cash-flowing asset, this property offers immediate income potential with room for future optimization. Conveniently located near downtown Dayton, universities, hospitals, and major employers, this is an outstanding opportunity for both seasoned and first-time investors!
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Cellar
Kitchen Granite Counters, Remodeled
Interior
Heating Forced Air, Natural Gas
Cooling Central
Exterior
Parking Features None
Utilities Available Natural Gas, Public Water, Sanitary Sewer
Building
Structure Type Vinyl,Wood
Schools
School District Dayton
Read Less Info
Listed by Bella Realty Group
Nearby Locations
GET MORE INFORMATION