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$ 325,000
Est. payment | /mo
7 Beds
7.5 Baths
5,018 SqFt
$ 325,000
Est. payment | /mo
7 Beds
7.5 Baths
5,018 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Pending
Purchase Type For Sale
Square Footage 5,018 sqft
Price per Sqft $64
MLS Listing ID 963299
Bedrooms 7
Full Baths 7
Half Baths 1
Year Built 1995
Annual Tax Amount $8,620
Lot Size 2,308 Sqft
Lot Dimensions 115. 288.75
Property Sub-Type 5+ Units
Property Description
Excellent value-add multifamily investment opportunity in Clayton! This 7-unit apartment building features seven one-bedroom, one bath units and offers significant upside for an investor seeking to renovate, reposition, or lease at market rates. The property is being offered as a vacant real estate asset, providing the flexibility to establish new tenancy and operating strategy.
Major exterior improvements include the roof, siding, and gutters, which were replaced approximately 2019-2020. Each apartment is equipped with an individually controlled PTAC heating and cooling unit with wall thermostat and a gas water heater. Electric and gas are separately metered to each apartment, while the building is served by a single water meter.
Common amenities include a community laundry area with one coin-operated washer and dryer, an office with a separate restroom, hallway storage closet, additional multi-purpose management/community room, and an exterior-access supply/storage area with a small patio. The site offers approximately 13 parking spaces. An easement will be required for the shared driveway.
A rare opportunity to acquire a vacant multifamily property with substantial value-add potential in a desirable location. Buyers are encouraged to perform their own due diligence regarding future use, operating expenses, and leasing potential.
Major exterior improvements include the roof, siding, and gutters, which were replaced approximately 2019-2020. Each apartment is equipped with an individually controlled PTAC heating and cooling unit with wall thermostat and a gas water heater. Electric and gas are separately metered to each apartment, while the building is served by a single water meter.
Common amenities include a community laundry area with one coin-operated washer and dryer, an office with a separate restroom, hallway storage closet, additional multi-purpose management/community room, and an exterior-access supply/storage area with a small patio. The site offers approximately 13 parking spaces. An easement will be required for the shared driveway.
A rare opportunity to acquire a vacant multifamily property with substantial value-add potential in a desirable location. Buyers are encouraged to perform their own due diligence regarding future use, operating expenses, and leasing potential.
Location
State OH
County Montgomery
Zoning Multiple
Rooms
Basement Slab
Interior
Heating Electric, Other
Cooling Other, Wall
Exterior
Parking Features None
Building
Structure Type Brick,Frame,Vinyl
Schools
School District Trotwood-Madison
Listed by Ascent Real Estate Advisors
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