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Browse More Listings in Multifamily For Sale, Kettering, OH or Ohio

Multifamily Property For Sale

515 Telford Ave

515 Telford Ave, Kettering, OH 45419

Price:
$110,000
No. Units:
4
Building Size:
3,762 SF
Price/Unit:
$27,500
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
6%
Gross Rent Multiplier:
5
Occupancy:
100%
No. Stories:
2
Year Built:
1945
Lot Size:
0.30 AC
Find Out More...

Last Verified 10/23/2009 Listing ID 16174522

Highlights

Fully occupied
Gross rental income of $1,725 per month

Attached 4 car garage

Description

Fantastic 4-unit building on the border of Kettering and Oakwood. These buildings were selling consistently for $150,000-170,000 in the late '90s up to 2007. Now steal this one for only $110,000. All units have nice hardwood floors, updated kitchens and baths. The windows have been updated within the past 5 years as well. Tenants pay their own electricity, which includes baseboard heat and wall a/c units. There is an attached garage that provides 1 parking spot per unit along with additional storage in the basement and coin operated laundry that provides additional income.

This property is close to downtown Dayton and Kettering making it a great options for either young professionals or college students attending the nearby University of Dayton or Sinclair Community College.

Financial Summary

Proforma
Year
2009
Scheduled Gross Income
$21,000
Operating Expenses
$7,764
Net Operating Income
$13,236

Map of 515 Telford Ave, Kettering, OH 45419 (Montgomery County)

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Presented by

Comtech Realty LLC

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Contact Listing Broker

Mike Baughman (937) 227-2929 Ext: 13

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Created 3/31/2009

Additional Information for 515 Telford Avenue, Kettering, OH 45419

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

515 Telford Ave, Kettering, OH, 45419