$1,600,000

1923 Riverside Dr

Dayton OH, 45405

Description

Investor alert! 97 unit multifamily opportunity in brisk rental district on Riverside Dr near Hillcrest. Entire complex made up of 11 buildings offering 96 1 bedroom, and 1 3 bedroom units. A total of just over 56000 Sqft of lease-able space. Currently entire property is boarded up and 100% vacant. Need for rehab and improvements but will offer a good investment income quickly and instant equity. Previous improvements include: 4 roofs in 2018, 40+ Hvac systems installed in 2019. 36 units where rehab was started., 40 completed in 2017-2019. All information gathered from previous MLS and not guaranteed. Go and show, no need to make appointment. Exterior view only. Offers to be submitted directly along with POF. See agent comments for more.

Details

MLS#847431
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1943
Days On Site61

Features

SQ Feet7,773
Building(s)1
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Area Information
StateOH
CountyMontgomery
CityDayton
Zip Code45405
AreaMontgomery
Listing VS Median (in 45405)
Price:
$1,600,000
low | high
Med:
$85,000
100% of Average
SqFt:
7,773
low | high
Med:
1,217
100% of Average
$ / SqFt:
$206
low | high
Med:
$70
100% of Average
On Site:
61
low | high
Med:
19.5
100% of Average
Sourced by Back At You
Listing Updated: October 16, 2021 8:01:23 PM PDT
J. Steve Strong LogoMLS Number: 847431
Listing Provided By:
J. Steve Strong  of  Irongate Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Dayton Area Board of Realtors.