27 Margaret Street #27 new Save Request In-Person Tour Request Virtual Tour
Dayton,OH 45410
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,856 sqft
Price per Sqft $91
MLS Listing ID 936851
Bedrooms 7
Full Baths 7
Year Built 1925
Annual Tax Amount $2,870
Lot Size 8,712 Sqft
Property Sub-Type 5+ Units
Property Description
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 and 100.00 (parking spot). 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.
Location
State OH
County Montgomery
Zoning Residential
Interior
Heating Hydronic Baseboard
Cooling Window Unit
Exterior
Exterior Feature Covered Patio,Porch
Parking Features 3 Car,Detached
Utilities Available 220 Volt Outlet,City Water,Natural Gas,Sanitary Sewer
Building
Structure Type Brick
Schools
School District Dayton