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$ 618,000
Est. payment | /mo
3 Beds
3 Baths
2,438 SqFt
$ 618,000
Est. payment | /mo
3 Beds
3 Baths
2,438 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,438 sqft
Price per Sqft $253
MLS Listing ID 970892
Bedrooms 3
Full Baths 3
Year Built 2003
Annual Tax Amount $2,782
Lot Size 4,656 Sqft
Lot Dimensions irregular dimensions
Property Sub-Type Single Family
Property Description
Income-producing student rental near the University of Dayton with leases secured for two academic years! 120 Fairground Avenue offers approximately $70,000 in contracted gross rent for the current academic year and $60,000 for the following year, providing investors with established rental income and advance leasing visibility.
Three full bathrooms, a finished basement, a detached garage, and a spacious fenced backyard complement a location close to campus just steps from Brown Street. The finished lower level adds flexible usable space, with potential for further improvements and code-compliant egress, subject to applicable permits and approvals.
With approximately $130,000 in combined contracted gross rent across two academic years, this property offers an opportunity to acquire an operating student rental with future leasing upside in Dayton's university rental market. Lease agreements and supporting rental documentation are available for review once under contract.
Three full bathrooms, a finished basement, a detached garage, and a spacious fenced backyard complement a location close to campus just steps from Brown Street. The finished lower level adds flexible usable space, with potential for further improvements and code-compliant egress, subject to applicable permits and approvals.
With approximately $130,000 in combined contracted gross rent across two academic years, this property offers an opportunity to acquire an operating student rental with future leasing upside in Dayton's university rental market. Lease agreements and supporting rental documentation are available for review once under contract.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Finished, Full
Interior
Interior Features Paddle Fans, Walk in Closet
Heating Forced Air, Natural Gas
Cooling Central
Exterior
Parking Features 2 Car, Detached
Building
Level or Stories 2 Story
Structure Type Wood
Schools
School District Dayton
Listed by BHHS Professional Realty
NEARBY SCHOOLS & PROPERTIES
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When was the last time you gave your home a quick maintenance check?
Take a look at your HVAC filters, faucets, toilets, windows, gutters, and smoke detectors. These small checks are easy to put off, but they can help you spot issues that deserve attention.
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Buying or selling a home is a big decision, and having someone who keeps you informed can make a real difference.
From answering questions to explaining the next steps, good communication helps make the process easier to navigate. Thoughtful preparation and attention to detail also help clients feel supported along the way.
At Luxe Omni, we want every client to feel informed, cared for, and confident in the guidance they're receiving.
Because buying or selling a home should be about more than reaching the finish line. The journey matters, too.
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A connected team brings more to the table than individual experience.
It creates space for different perspectives, shared knowledge, and collaboration when it matters. That kind of connection helps keep client conversations thoughtful, informed, and well-rounded.
Because when people bring their strengths together, everyone has more to work with.
#LuxeOmni #RealEstateTeam #Teamwork #ClientExperience #eXpRealty
Buying or selling a home is a big decision, and having someone who keeps you informed can make a real difference.
From answering questions to explaining the next steps, good communication helps make the process easier to navigate. Thoughtful preparation and attention to detail also help clients feel supported along the way.
At Luxe Omni, we want every client to feel informed, cared for, and confident in the guidance they're receiving.
Because buying or selling a home should be about more than reaching the finish line. The journey matters, too.
#LuxeOmni #ClientExperience #RealEstate #HomeBuying #HomeSelling #eXpRealty
A connected team brings more to the table than individual experience.
It creates space for different perspectives, shared knowledge, and collaboration when it matters. That kind of connection helps keep client conversations thoughtful, informed, and well-rounded.
Because when people bring their strengths together, everyone has more to work with.
#LuxeOmni #RealEstateTeam #Teamwork #ClientExperience #eXpRealty
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