Description
424-426 Gunckel Avenue Dayton, Ohio 45410 Great Investment Opportunity. 4-unit with gross income of 33,060/year. Cap Rate = 9.5%. Each apartment is a large, 1-bedroom and 1-full bathroom. Turnkey rental property. Updated electric to all new breakers in 2023. Tenants pay their own electric. Two furnaces and two water heaters. Each unit comes with a refrigerator and stove. Separate, exterior entrances for all 4 units. Tons of storage space in attic and basement. Original woodwork, pocket doors, hardwood floors. Close to University of Dayton, I-75, Miami Valley Hospital, and Route 35. Total of 2,600 square feet finished. Basement is unfinished. All month to month leases gives new owner great flexibility. Potential to increase revenue by installing laundry room in basement.
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4BEDS
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0.1ACRES
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4BATHS
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01/2 BATHS
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4,952SQFT
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$46$/SQFT
Description
424-426 Gunckel Avenue Dayton, Ohio 45410 Great Investment Opportunity. 4-unit with gross income of 33,060/year. Cap Rate = 9.5%. Each apartment is a large, 1-bedroom and 1-full bathroom. Turnkey rental property. Updated electric to all new breakers in 2023. Tenants pay their own electric. Two furnaces and two water heaters. Each unit comes with a refrigerator and stove. Separate, exterior entrances for all 4 units. Tons of storage space in attic and basement. Original woodwork, pocket doors, hardwood floors. Close to University of Dayton, I-75, Miami Valley Hospital, and Route 35. Total of 2,600 square feet finished. Basement is unfinished. All month to month leases gives new owner great flexibility. Potential to increase revenue by installing laundry room in basement.
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 2025-01-15T17:04:01.257.
Listing provided courtesy of Nicholas Huscroft of Chosen Real Estate Group: (330) 249-3499. © 2025 Dayton Area Board of REALTORS® MLS. Information Deemed Reliable But Not Guaranteed.