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Listing Details
- $185,000
- MLS# 962715
- Type Multi Unit - Multiple
- Status Active
Local Information
Listed By
Agency Name: Keller Williams Community Part
Agency Phone: (937) 530-4904
Shown By
Agency Title: Irongate Inc., Realtors
Agency Phone: 937-426-0800
Home Value Estimate
Description
Turnkey Duplex Investment at 116 Bellaire Ave. This income-producing property offers immediate cash flow with a 7.3% cap rate (professionally managed) and an 8.8 GRM. The 1,725 sq ft building features two fully leased 2-bed, 1-bath units generating $1,750/month ($850 lower/$900 upper). Tenants pay their own utilities, owner covers water/trash ($100/mo) and low annual taxes of $1,988. Each unit includes spacious living/dining areas and full basement access with laundry. Major capital improvements include a new roof (2025), concrete entrance steps (2026), main plumbing stack/sewer line replacement (2022), and upper-unit cosmetic/bathroom updates...read more
Features
- Central
- Forced Air, Natural Gas
- $1,988 Taxes
- Built in 1945
Gallery
Listed By
Agency Name: Keller Williams Community Part
Agency Phone: (937) 530-4904
Shown By
Agency Title: Irongate Inc., Realtors
Agency Phone: 937-426-0800
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