13
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$185,000
Est. payment /mo
4 Beds
2 Baths
1,725 SqFt
New
116 Bellaire Avenue Dayton, OH 45420
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Key Details
Property Type Multi-Family
Sub Type Duplex/Double
Listing Status Active
Purchase Type For Sale
Square Footage 1,725 sqft
Price per Sqft $107
MLS Listing ID 962715
Bedrooms 4
Full Baths 2
Year Built 1945
Annual Tax Amount $1,988
Lot Size 0.298 Acres
Lot Dimensions 51x124x76x129
Property Sub-Type Duplex/Double
Property Description
Turnkey Duplex Investment at 116 Bellaire Ave. This income-producing property offers immediate cash flow with a 7.3% cap rate (professionally managed) and an 8.8 GRM. The 1,725 sq ft building features two fully leased 2-bed, 1-bath units generating $1,750/month ($850 lower/$900 upper). Tenants pay their own utilities, owner covers water/trash ($100/mo) and low annual taxes of $1,988. Each unit includes spacious living/dining areas and full basement access with laundry. Major capital improvements include a new roof (2025), concrete entrance steps (2026), main plumbing stack/sewer line replacement (2022), and upper-unit cosmetic/bathroom updates (2022). Includes a detached 2-car garage. Prime rental location just 1 mile from the University of Dayton, Miami Valley Hospital, and Brown Street dining, plus easy access to US-35, I-75, and WPAFB (7.4 miles). Financials and leases available upon request.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Central
Exterior
Parking Features 2 Car, Detached
Building
Structure Type Brick
Schools
School District Dayton
Listed by Keller Williams Community Part
NEARBY SCHOOL & BUSINESS
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