Price Reduced Listing
Description
This brick 2 unit building will require 100% rehab top to bottom. It is located in the Huffman Historic District and within the boundaries of a Community Reinvestment Area (CRA), making it exempt from real property tax that will be added due to remodeling of the structure for a period of ten (10) years (see CRA document in attachments). Included with the purchase is a full set of engineer-stamped blueprints to redevelop this building, each unit proposed as being 2 BR, 1 1/2 baths with first floor laundry rooms. After renovated rents projected at $1,500+/unit with all gas and electric seperate plus seperate water (2 water services exist now), sanitary sewer, storm sewer, trash and recycling. This plan leaves only minimal property tax expenses and routine maintenance to a newly renovated building.
Details
| MLS # | 958775 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1890 |
| Days On Site | 154 |
| Listing Provided By | Key Realty | Jeffrey B Peterson |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,496 |
| Basement | Y |
| Acreage | 0.15 |
Taxes
| Property | 1142 |
|---|
Area Information
| State | OH |
|---|---|
| County | Montgomery |
| City | Dayton |
| Zip Code | 45403 |
| Area | Montgomery |
| Community Name | City/Dayton Rev |
| School District | Dayton |
| Listing VS Median (in City/Dayton Rev) | |
Price: $79,000 low | high Med: $135,000 sqft: 2,496 low | high Med: 1,224 $ / sqft: $32 low | high Med: $110 On site: 154 low | high Med: 169 | |
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Learn More About This Property
| State | OH |
|---|---|
| County | Montgomery |
| City | Dayton |
| Zip Code | 45403 |
| Area | Montgomery |
| Community Name | City/Dayton Rev |
| School District | Dayton |
| Listing VS Median (in City/Dayton Rev) | |
Price: $79,000 low | high Med: $135,000 sqft: 2,496 low | high Med: 1,224 $ / sqft: $32 low | high Med: $110 On site: 154 low | high Med: 169 | |