51
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$564,000
Est. payment /mo
13 Beds
5 Baths
6,109 SqFt
New
130 Burgess Avenue Dayton, OH 45415
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Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,109 sqft
Price per Sqft $92
MLS Listing ID 966861
Bedrooms 13
Full Baths 5
Year Built 1935
Annual Tax Amount $9,060
Lot Size 0.857 Acres
Lot Dimensions 150x249'
Property Sub-Type 5+ Units
Property Description
Nothing like it on the market this year! Unique single-parcel portfolio at 130 Burgess featuring 5 total doors and a bonus private laundromat building. The property includes 3 completely renovated, top-to-bottom single-family homes—2 currently occupied and generating immediate cash flow, with the 3rd in the process of signing a lease ($3,670 cash flow day 1). Additional income lies in the newly rezoned duplex ranch (3 bed/1 bath each side), which is ready for its last-mile finishing touches and comes with city-approved blueprints for instant value-add equity (market $1400+/door mo rent). The standalone laundromat structure is already plumbed and roughed-in for appliances, ready to move right in as a top-tier tenant amenity and addtl income. Major capital improvements across the property include new roofs on all structures, new custom windows, LVP flooring throughout, updated electrical and plumbing, fresh fixtures, and a newly re-sealed parking lot. Situated within a quiet township neighorhood, this thoughtfully planned and city-approved, turnkey investment is set up for a seamless handoff to the next cash flow king or queen! ARV $600k+ plus 12+% cap rate. Professionally managed property.
Location
State OH
County Montgomery
Zoning Residential,Commercial,Multiple
Rooms
Basement Full, Slab
Interior
Heating Baseboard, Electric, Forced Air, Natural Gas
Cooling Central, Window Unit
Exterior
Parking Features 1 Car, 2 Car, Attached, Detached
Utilities Available Natural Gas, Public Water, Sanitary Sewer
Building
Structure Type Frame,Stucco
Schools
School District Dayton
Listed by Luma Realty
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