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$ 460,000
Est. payment | /mo
6 Beds
6 Baths
4,377 SqFt
$ 460,000
Est. payment | /mo
6 Beds
6 Baths
4,377 SqFt
Open House
Fri Oct 30, 12:00pm - 2:00pm
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,377 sqft
Price per Sqft $105
MLS Listing ID 958431
Bedrooms 6
Full Baths 6
Year Built 1937
Annual Tax Amount $7,420
Lot Size 0.390 Acres
Lot Dimensions .
Property Sub-Type 5+ Units
Property Description
Prime Kettering Investment Opportunity with Immediate Cash Flow and Additional Income Potential! Located in a highly desirable area of Kettering, convenient to shopping, dining, and major amenities, this fully occupied 5-unit property offers an excellent opportunity for investors looking to expand their portfolio. The property features a 2-bedroom single-family home positioned at the front, along with four additional 1-bedroom, 1-bath units. All five units are currently leased, providing immediate rental income. Tenants are responsible for electric and gas, while water and trash expenses are billed back monthly. ADDITIONAL INCOME POTENTIAL! The property also offers the possibility of a 6th rental needing renovations, creating an opportunity to further increase cash flow. With an estimated market rent of $895 per month, the property has the potential to generate approximately $5,500 potential monthly gross rental income, or $66,000 annually, upon completion and leasing of the 6th unit. Secure an income-producing asset today with the opportunity to increase its earning potential for years to come!
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Partial
Interior
Heating Natural Gas
Cooling Window Unit
Exterior
Exterior Feature Cable TV, Partial Fence
Parking Features Storage
Utilities Available Public Water
Building
Structure Type Aluminum,Vinyl
Schools
School District Kettering
Listed by Keller Williams Community Part
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