24 Fernwood Avenue, Dayton, OH 45405
- $245,000
- 4
- BD
- 1
- BA
- 4,500
- SqFt
- List Price
- $245,000
- MLS#
- 967332
- Status
- ACTIVE
- City
- Dayton
- Bedrooms
- 4
- Full Bathrooms
- 1
- Year Built
- 1951
- Living Area
- 4,500
- Subdivision
- Dayton
Property Description
Introducing an exceptional opportunity for Multifamily investors in the Dayton area. This low maintenance all brick 4,500 SF building comprises of four 1-bedroom, four 1-bath apartment units, and offers a solid investment in a thriving market. Built in 1951 and zoned ER-4, the property features 100% occupancy, ensuring immediate returns for savvy investors. With a strategic location and a track record of full occupancy, this investment promises strong rental demand and consistent cash flow. Don't miss your chance to secure a valuable asset in the dynamic Dayton market. Recent improvements include a new roof installed in 2021, four new heat pumps installed in 2023, new floors, new windows and appliances installed in early 2021 in three units, two new water heaters installed in 2026. Tenants pay for their own heat and electricity. Seller self-manages the property. Two parcels: R72 06310 0076, 0077.
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Additional Information
- Acres
- 0.12
- Lot Size
- 5,384
- Living Area
- 4,500
- Basement Desc
- Unfinished
- Appliances
- Range, Refrigerator
- Garage Desc
- Four or more Spaces, Garage, On Street
- Cooling
- Window Unit(s)
- Heating
- Heat Pump
- School District
- Dayton
- Zoning
- Commercial
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Courtesy of Douglas Broomhall and West Fork Realty Group LLC
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