Presenting an exceptional opportunity for multifamily investors, this low-rise property at 311 Marathon
Ave in Dayton, OH offers a spacious 4,704 SF building with 4 units and a possible 5th unit in the basement, air
conditioned, and currently at a 75% occupancy rate. The possible 5th unit in the basement needs fully rehabbed and zoned. There are detached garages in the rear of the building. Built in 1945 and zoned MR-5, this investment showcases strong historical performance and potential for continued success in the thriving Dayton area. Each unit provides comfortable living spaces, and the property is positioned for increased occupancy and rental income. With an additional upside potential, this investment opportunity represents an attractive option for multifamily investors seeking to expand their portfolio in the dynamic Dayton market.
36 days
|
290
|
28
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Zillow last checked:
Listing updated:
Listed by:
Douglas Broomhall(513)936-9110,
West Fork Realty Group LLC,
Marc Broomhall937-248-9318,
Howard Hanna Real Estate Serv
Source: DABR MLS,MLS#: 962575Originating MLS: Dayton Area Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Forced Air
Cooling
Central Air
Features
Basement: Unfinished
Interior area
Total structure area: 4,704
Total interior livable area: 4,704 sqft
Property
Parking
Total spaces: 4
Parking features: Detached, Four or more Spaces, Garage
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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