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151 Grove Avenue 151, Dayton, OH 45404

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For Sale

$629,999

21 beds7 baths12,606 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $49.98
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Rare Investment Opportunity: Cash-Flowing 7-Unit Multi-family Townhouse Property in Old North Dayton Investors don t miss this rare chance to add a stabilized, high-demand, cash-flowing asset to your portfolio! Located in the heart of Old North Dayton, this 7-unit townhouse-style rental property offers consistent income and long-term value. Each unit is a spacious 3-bedroom, 1-bath, 1,150 sq ft townhouse with a full walkout basement. Four units have been fully remodeled in recent years, with rents reaching up to ~$1,000/month. Tenants cover electricity and gas, while the owner pays water, sewer, and trash keeping overhead low and predictable. This low-maintenance property has a proven rental history and strong tenant appeal. Townhouse-style units in this area are in high demand, thanks to their layout and location just minutes from downtown Dayton and Dayton Children s Hospital. The out-of-town owner made long-term updates with the intention to hold the property indefinitely, but now needs to redirect focus to other obligations. This is your opportunity to step into a turnkey investment with immediate returns. Recent investments include tuck-pointing brickwork this year ($totaling 26,375). As a result, the net operating income this past year is skewed.
MLS# 942225

Courtesy Of Don Dobbs

(937) 530-4904

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.29 Acres
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 151 Grove Avenue 151, Dayton, OH 45404
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