Description
Value-Add Investment Opportunity!Located in the City of Kettering, this 8-unit multifamily investment offers convenient access to shopping, dining, employment centers, recreational amenities, and major transportation routes. Nearby destinations include Lincoln Park, Fraze Pavilion, Delco Park, Meijer, and a variety of national and local dining and retail options.The two-story building consists of eight one-bedroom units and presents a value-add opportunity for an investor seeking to renovate, reposition, and enhance the property's income potential and long-term value. Each unit features a private patio area with additional storage closet space. Six units currently include refrigerator and range appliances.Property amenities include an on-site coin-operated laundry room with two washers and two dryers, an on-site office area, additional rear storage, and approximately seven off-street parking spaces.Units are serviced by a combination of electric heat and natural gas forced-air systems, with all units featuring central air conditioning. Building domestic hot water is provided by gas water heaters. Water service is currently supplied through a single meter serving the entire building.With its established multifamily footprint, desirable Kettering location, existing amenities, and opportunity for strategic improvements, the property offers investors potential to increase income and enhance long-term asset value.An easement for the shared drive will be implemented in conjunction with transfer of ownership.Property is being sold AS IS, WHERE IS. Seller will make no repairs, replacements, warranties, or concessions. Buyers shall rely solely upon their own inspections and due diligence regarding all aspects of the property, including but not limited to condition, measurements, zoning, utilities, occupancy, income and expense information, and permitted uses.
Details
| MLS # | 953799 |
|---|---|
| Listing Type | For Sale |
| Status | Pending |
| Year | 1995 |
| Days On Site | 102 |
| Listing Provided By | Ascent Real Estate Advisors | Todd Duplain |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 6,200 |
| Acreage | 0.49 |
Taxes
| Property | 12134 |
|---|
Area Information
| State | OH |
|---|---|
| County | Montgomery |
| City | Kettering |
| Zip Code | 45429 |
| Area | Montgomery |
| School District | Kettering |
| Listing VS Median (in 45429) | |
Price: $575,000 low | high Med: $300,000 sqft: 6,200 low | high Med: 1,728 $ / sqft: $93 low | high Med: $183 On site: 102 low | high Med: 21.5 | |
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© 2023 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Dayton Ohio MLS (DTON) - 48 - OH are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.Contact
Learn More About This Property
| State | OH |
|---|---|
| County | Montgomery |
| City | Kettering |
| Zip Code | 45429 |
| Area | Montgomery |
| School District | Kettering |
| Listing VS Median (in 45429) | |
Price: $575,000 low | high Med: $300,000 sqft: 6,200 low | high Med: 1,728 $ / sqft: $93 low | high Med: $183 On site: 102 low | high Med: 21.5 | |
Data will not be shared with third parties for marketing or promotional purposes.
© 2023 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Dayton Ohio MLS (DTON) - 48 - OH are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.