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0 Burkhardt Avenue, Dayton, OH 45403

Courtesy of: Bruns Realty Group, LLC
This 8-unit multi family apartment building is a great opportunity for a first-time investor. Long term tenants are all parked on M2M leases. Rents are all well below market—which represent immediate upside potential for any new owner. This asset actually contains three parcels and includes on site, off street, parking for the tenants. There are two long term tenants on SEC 8 who were recertified/inspected in Sept. and Nov. of 2020. The property has 7 one-bedroom units and 1 efficiency located on the lower level. The Seller is currently using that as a maintenance closet but has successfully rented it in the past and any new owner could too! Seller has always self-managed –any new owner could too --another reason this is a smart and EASY investment for any buyer. At asking, the property represents a 7.66% return and a strong 12% on proforma/market rents.
$355,000.00

Jill Aldineh

To preview this property call

Jill Aldineh - RE/MAX Victory
(937) 303-1888

"I met Jill at an open house she was hosting. I bought the house and used Jill as my realtor even though I had never met her until that day. She did such a great job and I trusted her expertise, that I used her as my agent to sell the home I owned. Jill is an expert in listing a house and getting results. I was very impressed on the amount of exposure she gave my home and the willingness to do what it takes to get it sold. I have worked with many realtors on previous home buying/selling, and she is one of the best. You can tell she loves what she does and always wants what's best for the client."     Read more....

By Kim Buckingham
718 Harman Ave. Oakwood, OH 45419

Listings specifications
School District Dayton City SD
Sq.Ft. 5719
County MONTGOMERY
Property Type Multi-Family
Bedrooms 7
Baths 8
1/2 Baths 0
Lot Size 6970
Construction Stucco
City DAYTON
Zip Code 45403
Year Built 1953
Acres 0.16
Basement Finished, Full, Walkout
Cooling Central
Heating Electrictric
Lot Dimentions irregular
Lot Square Footage 6970
Outside Features Covered Patio
Parcel Number R72 04404 0004
Subdivision Name C
Taxes Semi Annual 1845.68
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