2349 E 5th Street

Description

Investors, welcome to Daytons beautiful eastside and 2349 E. Fifth Street which presents as a super cute brick triplex with the historic Dayton charm. This triplex consists of two lower units with a 3 bedroom/1 bath unit rented at $1,000/month and a 2 bedroom/1 bath unit leased at $800/month with a $25 utility chargeback. The upstairs unit is a 1 bed/1 bath or could be a 2 bed/2 bath unit easy, currently leased at $647/month. All units have been rehabbed and are in really good condition. This charming triplex sits on two large lots and the corner of the street with a huge back yard and ample street parking for tenants. With these types of rents and the very affordable entry price, you can easily surpass the 1% rule and well beyond. There is a detached garage on the rear of the property near the alley that was never utilized. That garage had a small fire this past year and will need removed at some point, but stable as of right now and sits pretty far away from the property. This is your opportunity to own a great cash flowing triplex in the wonderful eastside of Dayton with access to every amenity Dayton has to offer. Financials based on "pro-forma" not actual