130 Burgess Avenue, Dayton, OH 45415

$564,000
13
BD
5
BA
6,109
SqFt

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List Price
$564,000
Status
ACTIVE
Days on Market
2
MLS#
966861
Subtype
Residential Income
Year Built
1935
Bedrooms
13
Bathrooms
5
Full Baths
5
Living Area
6,109
Lot Size
37,348
Acres
0.86
Subdivision
Martindale

Property Description

Nothing like it on the market this year! Unique single-parcel portfolio at 130 Burgess featuring 5 total doors and a bonus private laundromat building. The property includes 3 completely renovated, top-to-bottom single-family homes—2 currently occupied and generating immediate cash flow, with the 3rd in the process of signing a lease ($3,670 cash flow day 1). Additional income lies in the newly rezoned duplex ranch (3 bed/1 bath each side), which is ready for its last-mile finishing touches and comes with city-approved blueprints for instant value-add equity (market $1400+/door mo rent). The standalone laundromat structure is already plumbed and roughed-in for appliances, ready to move right in as a top-tier tenant amenity and addtl income. Major capital improvements across the property include new roofs on all structures, new custom windows, LVP flooring throughout, updated electrical and plumbing, fresh fixtures, and a newly re-sealed parking lot. Situated within a quiet township neighorhood, this thoughtfully planned and city-approved, turnkey investment is set up for a seamless handoff to the next cash flow king or queen! ARV $600k+ plus 12+% cap rate. Professionally managed property.

Additional Information

Zoning
Residential, Commercial, Mu
Appliances
Range, Refrigerator
Heating
Baseboard, Electric, Forced Air, Natural Gas
Air Conditioning
Central Air, Window Unit(s)
Foundation
Slab
Garage Spaces
1.0
School District
Dayton

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Calculator source: Real Geeks

Courtesy of Kristine Wights and Luma Realty

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