Description
This low-maintenance brick building with a long-wearing slate roof at 27 Margaret St features 6 single-bedroom units, 1 efficiency and 1 rented parking spot, generating 8 stable income streams. Current rents are 900.00, 900.00, 800.00, 1000.00, 900.00, 900.00, 850.00. A detached 3-car garage and a spacious 1,860 sq. ft. basement offer additional rental income potential. Current monthly rents are over 1% of the selling price, the property has appreciated an average 12% annualized since 2019 for an annual ROI just shy of 42%. Recent updates include a gas-fired boiler and upgraded electric service. Located just off Wayne Ave, across from the popular Esther Price Candy, this fully occupied property benefits from strong rental demand in a thriving Dayton neighborhood. Contact us today to learn more about this turnkey investment with multiple income sources and excellent long-term potential. Please respect tenant privacy; access granted after contract acceptance.
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7BEDS
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0.2ACRES
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7BATHS
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01/2 BATHS
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6,856SQFT
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$91$/SQFT
Description
This low-maintenance brick building with a long-wearing slate roof at 27 Margaret St features 6 single-bedroom units, 1 efficiency and 1 rented parking spot, generating 8 stable income streams. Current rents are 900.00, 900.00, 800.00, 1000.00, 900.00, 900.00, 850.00. A detached 3-car garage and a spacious 1,860 sq. ft. basement offer additional rental income potential. Current monthly rents are over 1% of the selling price, the property has appreciated an average 12% annualized since 2019 for an annual ROI just shy of 42%. Recent updates include a gas-fired boiler and upgraded electric service. Located just off Wayne Ave, across from the popular Esther Price Candy, this fully occupied property benefits from strong rental demand in a thriving Dayton neighborhood. Contact us today to learn more about this turnkey investment with multiple income sources and excellent long-term potential. Please respect tenant privacy; access granted after contract acceptance.
The data relating to real estate for sale on this website comes in part from the Dayton Area Board of REALTORS® MLS IDX Database. Real estate listings held by brokerage firms other than Irongate Realtors | Dayton's Home Team are marked with the IDX logo and detailed information about them includes the name of the listing brokers. IDX information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Data last updated 2025-07-16T00:04:18.55.
Listing provided courtesy of David Campbell of Coldwell Banker Heritage: (937) 434-7600. © 2025 Dayton Area Board of REALTORS® MLS. Information Deemed Reliable But Not Guaranteed.