2620 N Gettysburg Avenue Pending

Dayton,OH 45406

$ 420000

10 Beds

10 Baths

5986 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type 5+ Units

Listing Status Pending

Purchase Type For Sale

Square Footage 5,986 sqft

Price per Sqft $70

MLS Listing ID 933839

Bedrooms 10

Full Baths 10

Year Built 1965

Annual Tax Amount $13,274

Lot Size 5,227 Sqft

Property Sub-Type 5+ Units

Property Description

Well-maintained 10-unit multifamily property in the heart of Dayton. Each unit is a 1-bed, 1-bath with approx. 440 sq ft. Six units have been recently renovated. Efficient boiler heat provides year-round comfort. Roof is only 3 years old. Professionally managed. Owner pays water, sewer, trash & gas. Tenants pay electric. Most tenants currently pay a $50/month pass-through for utilities; one pays $120/month. All units will transition to the $120/month rate upon renewal. Built in 1965, total building size is 5,986 sq ft. Strong rental income with upside as leases renew. Located in a growing area with increasing demand, this property offers both immediate cash flow and long-term appreciation potential. Ideal for investors seeking a stable, value-add asset in the Dayton market.

Location

State OH

County Montgomery

Zoning Commercial,Multiple

Interior

Heating Hydronic Baseboard,Natural Gas

Cooling Wall

Exterior

Parking Features None

Building

Structure Type Brick

Schools

School District Dayton

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