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.
Covered Patio, Porch
| 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 |