1719 Leo St - Apartments FOR SALE


Dayton, OH 45404
$540,000 USD
937-287-5129
1719 Leo St, Dayton, OH for Sale
$540,000 USD
Apartments - FOR SALE
1/17
null | 7.91% Cap Rate

1719 Leo St
Dayton, OH 45404


HIGHLIGHTS

  • 9 apartment units
  • Tenants pay for heat and electric
  • Off-Street parking

OVERVIEW

Introducing a prime investment opportunity in the heart of Dayton, Ohio. This 6,392 SF multifamily property features nine wellmaintained apartment units, offering a lucrative income stream for savvy investors. There are eight 1-br, 1 bath apartments and one 2 br, 1 bath townhouse apartment for a total of 9 units. Built in 1970, this low-rise building boasts a history of strong rental demand and potential for increased value. Tenants appreciate the convenience of off-street parking and the autonomy of paying for their own heat and electricity. The property is conveniently located on a bus line making it attractive for tenants. The owner has recently replaced six out of nine water heaters. With the added comfort of thru-wall air conditioning, this property presents an attractive package for those seeking to expand their multifamily investment portfolio. Don't miss out on this exceptional opportunity to capitalize on the thriving Dayton real estate market.

FOR SALE DETAILS

PRICE

$540,000 USD

PRICE/SF

$67 USD /SF

# OF UNITS

9

PRICE/UNIT

$60,000

CAP RATE

7.91%

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,787 SF

ZONING

-

APN/PARCEL ID

R72-05709-0066

ASK ABOUT THIS PROPERTY

Doug BroomhallWest Fork Realty Group, LLCMore Info
937-287-5129

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Doug BroomhallWest Fork Realty Group, LLCMore Info
937-287-5129

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.