$362,500
$449,900
19.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5 Baths
4,284 SqFt
SOLD DATE : 09/22/2025
Key Details
Sold Price $362,500
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,284 sqft
Price per Sqft $84
MLS Listing ID 918922
Sold Date 09/22/25
Bedrooms 6
Full Baths 5
Year Built 1935
Annual Tax Amount $2,762
Lot Size 5,662 Sqft
Lot Dimensions 50 x 111
Property Sub-Type 5+ Units
Property Description
Motivated to close in 2025! Extensively renovated 5-unit apartment building (four 1-BRs and one 2-BR) with no deferred maintenance. Unique commercially zoned property has stately appeal with a common, raised front porch that overlooks the brand new West Carrollton Intermediate School--directly across the street. Location is outstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, remaining 1-BR substantially remodeled. Nearly new roof, most windows, furnaces, HVACs, on-demand gas hot water, flooring, appliances, cabinets and countertops throughout; new paint. Modern styling and quickly rentable. 2-BR has private laundry room and Common coin laundry and tenant storage area for other units; newly paved/ repaved and lined designated space parking lot. Electronic main door entries and 4-camera exterior security. New exterior aluminum trim, siding and paint. Nicely landscaped and attractive setting. Commercial appraisal conducted in December 2024: valued at $470K for bank loan. NOI analysis for full year of 2024 operations provided in supplemental documents, demonstrating net $43,000/ year after expenses (excluding mortgage) Expect as goos or better in 2025. Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.
Location
State OH
County Montgomery
Zoning Commercial,Multiple
Rooms
Basement Full, Semi-Finished, Walkout
Kitchen Island, Laminate Counters, Pantry, Remodeled
Interior
Interior Features 6 Panel Door, Attic, Gas Water Heater, Security / Surveillance, Storage Lock
Heating Forced Air, Natural Gas
Cooling Other
Exterior
Exterior Feature Covered Patio, Fence, Partial Fence, Porch, Wood Fence
Parking Features Storage
Utilities Available City Water, Natural Gas
Building
Structure Type Aluminum,Asphalt,Cement / Fiber Board,Frame,Shingle,Stucco,Vinyl,Wood
Schools
School District West Carrollton
Others
Ownership Agent Owned
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