6
See all 6 photos
$250,000
Est. payment /mo
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
Listed by RE/MAX Alliance Realty
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