Dayton, OH 45406,501 W Norman Avenue
Dayton, OH 45406,501 W Norman Avenue
Dayton, OH 45406,501 W Norman Avenue
6
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$250,000
Est. payment /mo
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8 Beds
4 Baths
6,720 SqFt
New

501 W Norman Avenue Dayton, OH 45406

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Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,720 sqft

Price per Sqft $37

MLS Listing ID 935460

Bedrooms 8

Full Baths 4

Year Built 1929

Annual Tax Amount $1,772

Lot Size 6,534 Sqft

Lot Dimensions City Lot

Property Sub-Type 2-4 Units

Property Description

Investor Alert! This solid brick 4-Plex is ideal for the smart investor looking to invest w/confidence. With over 6,700 SQFT, this metropolitan low-rise consists of (4) two bedroom units each w/secured entry access, washer/dryer connections, ornamental fireplaces, hardwood floors and French Doors to private balconies. Features include newer dimensional roofing, glass block windows, gutters/downspouts, steel entry/exit doors, water heaters and interior/exterior electrical service panels from the pole inward! Features continue w/private parking to 4+ vehicles. Professional management is in place with conservative rental rates of $725 per unit. 2 units are currently vacant allowing the potential for owner occupancy and or a warranted rental rate increase. Tenants are responsible for gas and electric. Landlord supplies water, trash and sewage. Centered in Dayton's “Fairview” community home to Fairview Commons; a beautifully landscaped area connecting residents and children w/Fairview Park, an aquatic play area and Fairview elementary. Easy access to the NEW Dayton Metro Library (Fairview Branch) and our thriving Downtown complete the value. Build financial security and community with 501 W. Norman today. Priced for action w/CASH, Conventional or Hard Money financing preferred. Property is in good condition but being sold in it's "AS-IS/WHERE-IS" condition. Seller will make no repairs - NO EXCEPTIONS. Limited due diligence/inspection periods WELCOMED. All offers must be accompanied w/proof of funds, include Sterling Land Title as the closing company & contain $1,000 earnest money deposit.

Location

State OH

County Montgomery

Zoning Residential

Rooms

Basement Full, Unfinished

Kitchen Remodeled

Interior

Interior Features French Door

Heating Forced Air, Natural Gas

Cooling None

Exterior

Exterior Feature Balcony, Cable TV, Patio

Parking Features None

Utilities Available 220 Volt Outlet, City Water, Natural Gas, Sanitary Sewer, Storm Sewer

Building

Structure Type Brick

Schools

School District Dayton


Dayton MLS (DTON)
Listed by RE/MAX Alliance Realty
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agent

Mo Carpenter

Agent

+1(614) 623-8268

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501 W Norman Avenue