Price Reduced Listing
Description
Prime Kettering Investment Opportunity with Immediate Cash Flow and Additional Income Potential! Located in a highly desirable area of Kettering, convenient to shopping, dining, and major amenities, this fully occupied 5-unit property offers an excellent opportunity for investors looking to expand their portfolio. The property features a 2-bedroom single-family home positioned at the front, along with four additional 1-bedroom, 1-bath units. All five units are currently leased, providing immediate rental income. Tenants are responsible for electric and gas, while water and trash expenses are billed back monthly. ADDITIONAL INCOME POTENTIAL! The property also offers the possibility of a 6th rental needing renovations, creating an opportunity to further increase cash flow. With an estimated market rent of $895 per month, the property has the potential to generate approximately $5,500 potential monthly gross rental income, or $66,000 annually, upon completion and leasing of the 6th unit. Secure an income-producing asset today with the opportunity to increase its earning potential for years to come!
Details
| MLS # | 958431 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1937 |
| Days On Site | 180 |
| Listing Provided By | Keller Williams Community Part | Ryan Gillen |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,377 |
| Basement | Y |
| Acreage | 0.39 |
Taxes
| Property | 7420 |
|---|
Area Information
| State | OH |
|---|---|
| County | Montgomery |
| City | Kettering |
| Zip Code | 45429 |
| Area | Montgomery |
| Community Name | Oakdale |
| School District | Kettering |
| Listing VS Median (in Oakdale) | |
Price: $460,000 low | high Med: $251,500 sqft: 4,377 low | high Med: 2,588 $ / sqft: $105 low | high Med: $79 On site: 180 low | high Med: 160 | |
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Learn More About This Property
| State | OH |
|---|---|
| County | Montgomery |
| City | Kettering |
| Zip Code | 45429 |
| Area | Montgomery |
| Community Name | Oakdale |
| School District | Kettering |
| Listing VS Median (in Oakdale) | |
Price: $460,000 low | high Med: $251,500 sqft: 4,377 low | high Med: 2,588 $ / sqft: $105 low | high Med: $79 On site: 180 low | high Med: 160 | |