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440 Maryland Avenue Dayton, OH 45404
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Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 14,238 sqft
Price per Sqft $20
MLS Listing ID 747330
Sold Date 10/31/17
Bedrooms 13
Full Baths 2
Year Built 1941
Annual Tax Amount $3,124
Lot Size 0.457 Acres
Property Sub-Type 5+ Units
Property Description
What a fantastic opportunity! Cap rate of 11.22%! This very well maintained apartment building consists of
two 2-bedroom, 1 bath apartments, and nine 1-bedroom, 1 bath apartments. Fully occupied with many long
term tenants. Tenants pay for heat, electric, and gas. Seller requires each tenant to carry Renter's Insurance.
Each unit has central air conditioning, washer and dryer hook-ups, all appliances. There is off-street parking
in own large private parking lot. Street parking is also available. And, attached to the building is large 2,100
s.f. warehouse that can be used for storage or could be rented out for even more income. Currently, the
owners use it for their own storage area.
Location
State OH
County Montgomery
Interior
Cooling Central
Exterior
Utilities Available 220 Volt Outlet, City Water, Sanitary Sewer, Septic, Storm Sewer
Schools
School District Dayton City Sd
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Bought with Plum Tree Realty