Great Investment opportunity in Troy. This Investment includes a duplex, a 4-unit building and vacant land zoned multi-family each on 3 separate parcels; The duplex and 4-unit share a well, total of 6 units with all apartments being has 2 bedrooms, 1 bathroom, kitchen and living room, washer and dryer hook ups in each apartment. Appliances are tenant owned and do not convey. New construction on the vacant lot that will require city water hookup. Duplex at 417 - 419 Ohio Ave, parcel # D08-104622 sits on a 0.24-acre lot, Unit 417 currently vacant rents for $ 480 and that has been completely remodeled and will be used as one of the units during showings. Unit 419 is tenant occupied and rent is $510 and will be remodeled also similar to the other unit 417. Windows and siding were replaced in 2021, roof replaced on unit and garage in 2012, One water heater is 2 years old, and the Second water heater was replaced on 08/05/2022. 4-Unit building located at 415 Ohio Ave, parcel # D08-057525 on 0.28 acre. All 4 units are tenant occupied with rents for apt 1 at $535, apt 2 at $565, apt 3 at $520, and apt 4 at $ 450. This 4-unit building was completely remodeled in 2000 when it was purchased. The plumbing, electric, insulation, HVAC, Doors, Windows, drywall, flooring, roof and siding were all new, 3 of the 4 water heaters have been replaced at various times within the past 7 years. Third parcel 0 Ohio Ave, parcel # is D08-104624 is a vacant lot 0.36 acre with conforming use for R-7, Multi-Family Residential Zoning District. Income and Expenses are based on 2021 Tax Year.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
