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: Wright Patt Realty
Agency Phone: 937-427-3662
Estimated Payment
$ 1,272.88 per month $845.72 Principal & Interest $316.33 Property Tax $110.83 Homeowner's Insurance
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.wright-patt.com today.