INVESTOR ALERT — CASH-FLOWING DUPLEX WITH EVEN MORE UPSIDE!This well-maintained duplex is already generating $1,200/month with long-term tenants on month-to-month leases. Both units are rented at below-market rates ($600 each), offering immediate potential to increase rents to $750–$800/unit with light cosmetic updates.Additional highlights:2024 roof replacement—major expense already handledTenants pay for all electric, lowering operating costsExpandable layout: unfinished basement offers opportunity to add a 3rd unit or additional living spaceFlexible floor plan allows easy conversion back to a single-family homeGreat for first-time investors looking to own an income-producing property while learning real estate management on a small, manageable scale, with a solid 9.3% cap rate right from the start.Perfect for buy-and-hold investors or anyone looking to add stable, appreciating cash flow to their portfolio.Sold As-Is.
Listed By
Agency Name: RE/MAX Victory + Affiliates
Agency Phone: (937) 458-0385
Shown By
Agency Title: Wright Patt Realty
Agency Phone: 937-427-3662
Estimated Payment
$ 337.85 per month $239.03 Principal & Interest $67.50 Property Tax $31.33 Homeowner's Insurance
559/561 Evergreen Avenue | MLS# 949256
This multi-family property located at 559/561 Evergreen Avenue, Dayton, OH 45402 is currently listed for sale with an asking price of $107,400. 559/561 Evergreen Avenue is located within the Dayton school district. Search Dayton real estate on www.wright-patt.com today.