15
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$205,000
$225,000 8.9%
Est. payment /mo
4 Beds
4 Baths
4,092 SqFt
Sold on 06/26/2024
644 Redwood Avenue Dayton, OH 45405
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Key Details
Sold Price $205,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,092 sqft
Price per Sqft $50
MLS Listing ID 911109
Bedrooms 4
Full Baths 4
Year Built 1945
Lot Size 8,712 Sqft
Property Sub-Type 2-4 Units
Property Description
Welcome to this fully rented brick four-unit apartment building, an excellent investment opportunity! Each unit features a spacious living room, dining area, kitchen, one bedroom, and a full bath. With an average rent of $683 per month, this property offers a steady income stream. Recent updates have been made to three units, including new flooring, appliances, and repairs, totaling over $50,000 invested in 2021-2022. New roof 2024. The building is professionally managed, ensuring a hassle-free ownership experience. Utility costs are currently covered by the owner, with gas and electricity averaging $50-75 per month, per unit. However, the building is separately metered, allowing for potential utility shifts to tenants. Sold as is, curb offers are preferred until a contract is accepted. Don't miss out on this fantastic opportunity to add a profitable asset to your portfolio
Location
State OH
County Montgomery
Zoning Residential
Interior
Heating Forced Air, Natural Gas
Cooling None
Exterior
Parking Features None
Building
Structure Type Brick
Schools
School District Dayton
Listed by Plum Tree Realty
Bought with Home Experts Realty
Bought with Home Experts Realty