For Sale, USD 160,000
114-116 Ridge Avenue, Dayton OH 45405, Dayton, Ohio, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 2,696 ft² / 250 m²
Land Size : N/A
Bedroom : 6
Bathroom : 2
Half Bathroom : 0
MLS#: N/A
Property Description
Excellent investment opportunity at 114-116 Ridge Avenue! This updated side-by-side duplex features two spacious 3-bedroom, 1-bath units. Unit 114 is currently rented for $795 per month, while Unit 116 is vacant and available for showings or immediate lease-up. Estimated market rent is approximately $1,100 per unit, offering potential gross rental income of $2,200 per month. Approximately $40,000 in total improvements have been completed, including new furnaces in both units, remodeled interiors, updated electrical and plumbing, and new attic insulation. Interior updates include flooring, paint, kitchen countertops, light switches, hinges, tubs, vanities, and toilets. Both units also feature relatively new appliances. A new roof was installed in 2024 (not included in listed financial improvements). With one occupied unit providing immediate income, one vacant unit ready for placement, and substantial improvements already completed, this duplex offers an attractive combination of cash flow and additional rental upside for its next owner.
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114-116 Ridge Avenue, Dayton OH 45405, United States,Ohio,Dayton is a 2,696ft² Dayton luxury Multi-Family Home listed for sale USD 160,000. This high end Dayton Multi-Family Home is comprised of 6 bedrooms and 2 baths. Find more luxury properties in Dayton or search for luxury properties for sale in Dayton.