Instant Equity! Appraised for $400,000 in March 2025! Currently rented for $3825 with 1 2 bed vacant for showings with rent being $4,600+ a month at full occupancy, Market Rents of $5,000 a month, $60,000 annual gross revenue.This well-maintained 6-unit multi-family was fully renovated top to bottom with New kitchens, bathrooms, flooring, lighting, windows, & roof in 2022. The units are extremely spacious with nearly 900 sq ft per unit, encouraging long term residents. This is a great investment for someone looking for a turnkey building that will have strong cashflow, long term tenants due to renovation & large units, & limited near term CapEx since everything in the building is new within the last couple of years. Situated in a convenient location with easy access to public transit and local amenities, this property is primed for a "set and forget" portfolio addition or a value-add play for higher market rents. Don’t miss out on this high-performing asset—schedule your tour today!Unit #6 has been left vacant for showings & remainder can be viewed once under contract. 3 of 5 units are on MTM leases
Listed By
Agency Name: Red 1 Realty
Agency Phone: (614) 585-9020
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 2,552.78 per month $2,125.61 Principal & Interest $316.33 Property Tax $110.83 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
2331 Rugby Road | MLS# 950796
This multi-family property located at 2331 Rugby Road, Dayton, OH 45406 is currently listed for sale with an asking price of $380,000. Rugby Road is located within the Dayton school district. Search Dayton real estate on www.ikeyrealty.com today.