1616 Belvo Road, Miamisburg OH 45342 (Off Market)

For Sale, USD 860,000


1616 Belvo Road, Miamisburg OH 45342,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 7,680 ft² / 713 m²

Land Size : N/A

Bedroom : 8

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

8-Unit Value-Add Portfolio. Side-by-Side TWO 4-Unit Buildings. Miamisburg, OH Rare opportunity to acquire 8 units across two identical 4-unit buildings, each on a separate parcel, located side by side in a high-demand Miamisburg rental corridor. To be sold together as a portfolio$860,000 total ($430,000 per building). Seller will not sell individually. Each building features four spacious 2BR/1.5BA townhome-style units, approx. 1,000 SF each, with private entrances, in-unit laundry, and two-story layouts. Recent updates and re-paved parking (2022) add further appeal. 1602 is vacant for showings. 7 of the 8 are rented. Currently rented below market: 4 units @ $1000+1 @ $950 = 2 @$900 + 1 vacant. Investment Highlights: 8.49% Pro Forma CAP at $1,150/month market rents ($9,200/month) Below-market rents with strong upside Well-maintained asset with functional layouts On-site parking Asphalt lots resurfaced 2022
More
1616 Belvo Road, Miamisburg OH 45342, United States,Ohio,Miamisburg is a 7,680ft² Miamisburg luxury Multi-Family Home listed for sale USD 860,000. This high end Miamisburg Multi-Family Home is comprised of 8 bedrooms and 0 baths. Find more luxury properties in Miamisburg or search for luxury properties for sale in Miamisburg.