Listing Details
- $514,999
- MLS# 969165
- Type Multi Unit - Multiple
- Status Active
Local Information
Listed By
Agency Name: RE/MAX Real Estate Specialists
Agency Phone: (937) 436-9900
Shown By
Agency Title: Irongate Inc., Realtors
Agency Phone: 937-426-0800
Home Value Estimate
Description
OUTSTANDING INVESTMENT OPPORTUNITY! Brick two-story seven-unit multifamily property featuring seven spacious three-bedroom, one-bath townhouse apartments, each with a private exterior entrance. Current gross rental income is $6,875 per month, or $82,500 annually, providing an attractive existing income stream with potential for continued growth. Over half of the units have been remodeled in recent years, with rents as high as $1,075/month, offering investors a strong combination of current cash flow and future upside. Individual rents range from $925 to $1,075/month. Tenants pay electric and gas; owner pays water, sewer and trash. Full unfinished...read more
Features
- Central
- Forced Air, Natural Gas
- $11,191 Taxes
- Built in 1900
Gallery
Listed By
Agency Name: RE/MAX Real Estate Specialists
Agency Phone: (937) 436-9900
Shown By
Agency Title: Irongate Inc., Realtors
Agency Phone: 937-426-0800
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