424 Gunckel Avenue Active Save Request In-Person Tour Request Virtual Tour
Dayton,OH 45410
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,952 sqft
Price per Sqft $46
MLS Listing ID 924627
Bedrooms 4
Full Baths 4
Year Built 1905
Lot Size 4,386 Sqft
Lot Dimensions 44x119x83x53
Property Sub-Type 2-4 Units
Property Description
424-426 Gunckel Avenue
Dayton, Ohio 45410
Great Investment Opportunity. 4-unit with gross income of 33,060/year. Cap Rate = 9.5%. Each apartment is a large, 1-bedroom and 1-full bathroom. Turnkey rental property. Updated electric to all new breakers in 2023. Tenants pay their own electric. Two furnaces and two water heaters. Each unit comes with a refrigerator and stove. Separate, exterior entrances for all 4 units. Tons of storage space in attic and basement. Original woodwork, pocket doors, hardwood floors. Close to University of Dayton, I-75, Miami Valley Hospital, and Route 35. Total of 2,600 square feet finished. Basement is unfinished. All month to month leases gives new owner great flexibility. Potential to increase revenue by installing laundry room in basement.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Unfinished
Interior
Heating Forced Air,Natural Gas
Cooling Window Unit
Exterior
Parking Features None
Building
Structure Type Aluminum
Schools
School District Dayton