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$ 245,000
Est. payment /mo
New
24 Fernwood Avenue Dayton, OH 45405
4 Beds
1 Bath
4,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $54
MLS Listing ID 967332
Bedrooms 4
Full Baths 1
Year Built 1951
Annual Tax Amount $4,506
Lot Size 5,384 Sqft
Lot Dimensions 138 x 56
Property Sub-Type 2-4 Units
Property Description
Introducing an exceptional opportunity for Multifamily investors in the Dayton area. This low maintenance all brick
4,500 SF building comprises of four 1-bedroom, four 1-bath apartment units, and offers a solid investment in a thriving
market. Built in 1951 and zoned ER-4, the property features 100% occupancy, ensuring immediate returns for savvy
investors. With a strategic location and a track record of full occupancy, this investment promises strong rental demand
and consistent cash flow. Don't miss your chance to secure a valuable asset in the dynamic Dayton market. Recent
improvements include a new roof installed in 2021, four new heat pumps installed in 2023, new floors, new windows
and appliances installed in early 2021 in three units, two new water heaters installed in 2026. Tenants pay for their own
heat and electricity. Seller self-manages the property. Two parcels: R72 06310 0076, 0077.
4,500 SF building comprises of four 1-bedroom, four 1-bath apartment units, and offers a solid investment in a thriving
market. Built in 1951 and zoned ER-4, the property features 100% occupancy, ensuring immediate returns for savvy
investors. With a strategic location and a track record of full occupancy, this investment promises strong rental demand
and consistent cash flow. Don't miss your chance to secure a valuable asset in the dynamic Dayton market. Recent
improvements include a new roof installed in 2021, four new heat pumps installed in 2023, new floors, new windows
and appliances installed in early 2021 in three units, two new water heaters installed in 2026. Tenants pay for their own
heat and electricity. Seller self-manages the property. Two parcels: R72 06310 0076, 0077.
Location
State OH
County Montgomery
Zoning Commercial
Rooms
Basement Unfinished
Interior
Heating Heat Pump
Cooling Window Unit
Exterior
Parking Features 4 or More
Utilities Available 220 Volt Outlet, Natural Gas, Public Water, Storm Sewer
Building
Structure Type Brick
Schools
School District Dayton
Others
Ownership Corporate Owned
Listed by West Fork Realty Group LLC
NEARBY SCHOOLS & PROPERTIES
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