6856 sqft

7 Bedrooms

7 Bathrooms

ABOUT PROPERTY

This low-maintenance brick building with a long-wearing slate roof at 27 Margaret St features 6 single-bedroom units, 1 efficiency and 1 rented parking spot, generating 8 stable income streams. Current rents are 900.00, 900.00, 800.00, 1000.00, 900.00, 900.00, 850.00. A detached 3-car garage and a spacious 1,860 sq. ft. basement offer additional rental income potential. Current monthly rents are over 1% of the selling price, the property has appreciated an average 12% annualized since 2019 for an annual ROI just shy of 42%. Recent updates include a gas-fired boiler and upgraded electric service. Located just off Wayne Ave, across from the popular Esther Price Candy, this fully occupied property benefits from strong rental demand in a thriving Dayton neighborhood. Contact us today to learn more about this turnkey investment with multiple income sources and excellent long-term potential. Please respect tenant privacy; access granted after contract acceptance.

Exterior Features

Covered Patio, Porch

PROPERTY DETAIL

Price : $599,000
Status : Active
Property Type : Multi-Family
Room Count :
State : OH
City : Dayton
Area : 6856 sqft
Build Year : 1925
Heatingand Fuel : Hydronic Baseboard
Cooling : Window Unit
MLS# : 936851
Lot Size Sq_Ft : 8712
Garage Carport : 3 Car, Detached

LISTED BY

Agency Name : Coldwell Banker Heritage

NEARBY PRICES


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CONTACT US FOR MORE INFORMATION


(937)303-1888