2005 Wayne Avenue, Dayton, OH 45410

$375,000
8
BD
8
BA
3,800
SqFt

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List Price
$375,000
MLS#
959354
Status
ACTIVE
City
Dayton
Bedrooms
8
Full Bathrooms
8
Year Built
1885
Living Area
3,800
Subdivision
City/Dayton Rev

Property Description

High-Upside 8 - Unit Multi-Family Investment Opportunity. This property consists of six studio units and two one-bedroom units offering strong upside potential for investors seeking to expand their portfolio or increase cash flow through lease-up opportunities. Three studio units and one 1-bedroom unit are currently vacant with the current owner actively rehabbing two of the units for lease-up. Positioned in a proven rental market, this property presents an excellent opportunity to secure a high performing asset with future growth potential. Tenants are responsible for their own electric, while the owner covers water, trash, and gas. A monthly utility fee is collected from tenants to offset these expenses. Financials based on Pro-forma at full occupancy, not actual.

Additional Information

Acres
0.19
Lot Size
8,250
Living Area
3,800
Basement Desc
Unfinished
Appliances
Range, Refrigerator
Garage Desc
No Garage, Parking Lot
Cooling
Window Unit(s)
Heating
Baseboard
School District
Dayton
Zoning
Residential

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Jackie Powers and Agora's Maxxed Out Realty

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