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$ 627,000
Est. payment /mo
New
27 Margaret Street #27 Dayton, OH 45410
7 Beds
7 Baths
6,856 SqFt
UPDATED:
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
Lot Dimensions 223 x 40
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
Rooms
Basement Full, Unfinished
Interior
Interior Features Gas Water Heater
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
Listed by Coldwell Banker Heritage
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