South on Wayne Avenue, Left on Margaret Street, Right on Gunckel Avenue
Agent Remarks
424-426 Gunckel Avenue
Dayton, Ohio 45410
Great Investment Opportunity. 4-unit with gross income of 33,060/year. Cap Rate = 9.5%. Each apartment is a large, 1-bedroom and 1-full bathroom. Turnkey rental property. Updated electric to all new breakers in 2023. Tenants pay their own electric. Two furnaces and two water heaters. Each unit comes with a refrigerator and stove. Separate, exterior entrances for all 4 units. Tons of storage space in attic and basement. Original woodwork, pocket doors, hardwood floors. Close to University of Dayton, I-75, Miami Valley Hospital, and Route 35. Total of 2,600 square feet finished. Basement is unfinished. All month to month leases gives new owner great flexibility. Potential to increase revenue by installing laundry room in basement.
General Information
Property Type
Multi-Family
Style
2-4 Units
County
MONTGOMERY
Subdivision
Dayton
Zip Code
45410
School District
Dayton City SD
Listing Number
924627
Property Features
Basement
Unfinished
Garage
None
Heating
Forced Air, Natural Gas
Cooling
Window Unit
Multi-Family Information
Additional Information
Construction
Aluminum
Lot Dimensions
44x119x83x53
Occupancy
Tenant
Additional Features
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