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$ 99,000
Est. payment | /mo
4 Beds
2 Baths
2,496 SqFt
$ 99,000
Est. payment | /mo
4 Beds
2 Baths
2,496 SqFt
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $39
MLS Listing ID 958775
Bedrooms 4
Full Baths 2
Year Built 1890
Annual Tax Amount $1,142
Lot Size 6,534 Sqft
Lot Dimensions 44 x 130
Property Sub-Type 2-4 Units
Property Description
This brick 2 unit building will require 100% rehab top to bottom. It is located in the Huffman Historic District and within the boundaries of a Community Reinvestment Area (CRA), making it exempt from real property tax that will be added due to remodeling of the structure for a period of ten (10) years (see CRA document in attachments).
Included with the purchase is a full set of engineer-stamped blueprints to redevelop this building, each unit proposed as being 2 BR, 1 1/2 baths with first floor laundry rooms. After renovated rents projected at $1,500+/unit with all gas and electric seperate plus seperate water (2 water services exist now), sanitary sewer, storm sewer, trash and recycling. This plan leaves only minimal property tax expenses and routine maintenance to a newly renovated building.
Included with the purchase is a full set of engineer-stamped blueprints to redevelop this building, each unit proposed as being 2 BR, 1 1/2 baths with first floor laundry rooms. After renovated rents projected at $1,500+/unit with all gas and electric seperate plus seperate water (2 water services exist now), sanitary sewer, storm sewer, trash and recycling. This plan leaves only minimal property tax expenses and routine maintenance to a newly renovated building.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Cellar
Interior
Heating Other
Cooling None
Exterior
Parking Features None
Building
Structure Type Brick
Schools
School District Dayton
Others
Ownership Agent Owned
Listed by Key Realty
Nearby Locations
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