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$575,000
Est. payment /mo
8 Beds
8 Baths
6,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Pending
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $92
MLS Listing ID 953799
Bedrooms 8
Full Baths 8
Year Built 1995
Annual Tax Amount $12,134
Lot Size 0.487 Acres
Lot Dimensions 87.5,70,78.54,41.83,16.73, 201.55
Property Sub-Type 5+ Units
Property Description
Value-Add Investment Opportunity!
Located in the City of Kettering, this 8-unit multifamily investment offers convenient access to shopping, dining, employment centers, recreational amenities, and major transportation routes. Nearby destinations include Lincoln Park, Fraze Pavilion, Delco Park, Meijer, and a variety of national and local dining and retail options.
The two-story building consists of eight one-bedroom units and presents a value-add opportunity for an investor seeking to renovate, reposition, and enhance the property's income potential and long-term value. Each unit features a private patio area with additional storage closet space. Six units currently include refrigerator and range appliances.
Property amenities include an on-site coin-operated laundry room with two washers and two dryers, an on-site office area, additional rear storage, and approximately seven off-street parking spaces.
Units are serviced by a combination of electric heat and natural gas forced-air systems, with all units featuring central air conditioning. Building domestic hot water is provided by gas water heaters. Water service is currently supplied through a single meter serving the entire building.
With its established multifamily footprint, desirable Kettering location, existing amenities, and opportunity for strategic improvements, the property offers investors potential to increase income and enhance long-term asset value.
An easement for the shared drive will be implemented in conjunction with transfer of ownership.
Property is being sold AS IS, WHERE IS. Seller will make no repairs, replacements, warranties, or concessions. Buyers shall rely solely upon their own inspections and due diligence regarding all aspects of the property, including but not limited to condition, measurements, zoning, utilities, occupancy, income and expense information, and permitted uses.
Located in the City of Kettering, this 8-unit multifamily investment offers convenient access to shopping, dining, employment centers, recreational amenities, and major transportation routes. Nearby destinations include Lincoln Park, Fraze Pavilion, Delco Park, Meijer, and a variety of national and local dining and retail options.
The two-story building consists of eight one-bedroom units and presents a value-add opportunity for an investor seeking to renovate, reposition, and enhance the property's income potential and long-term value. Each unit features a private patio area with additional storage closet space. Six units currently include refrigerator and range appliances.
Property amenities include an on-site coin-operated laundry room with two washers and two dryers, an on-site office area, additional rear storage, and approximately seven off-street parking spaces.
Units are serviced by a combination of electric heat and natural gas forced-air systems, with all units featuring central air conditioning. Building domestic hot water is provided by gas water heaters. Water service is currently supplied through a single meter serving the entire building.
With its established multifamily footprint, desirable Kettering location, existing amenities, and opportunity for strategic improvements, the property offers investors potential to increase income and enhance long-term asset value.
An easement for the shared drive will be implemented in conjunction with transfer of ownership.
Property is being sold AS IS, WHERE IS. Seller will make no repairs, replacements, warranties, or concessions. Buyers shall rely solely upon their own inspections and due diligence regarding all aspects of the property, including but not limited to condition, measurements, zoning, utilities, occupancy, income and expense information, and permitted uses.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Slab
Interior
Heating Forced Air, Heat Pump, Natural Gas
Cooling Central
Exterior
Parking Features None
Utilities Available Public Water, Natural Gas
Building
Structure Type Brick,Frame
Schools
School District Kettering
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Listed by Ascent Real Estate Advisors
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