Listing Courtesy of: (937) 202-9001 - James Kinlaw - Outside The Box Real Estate
937-202-9001
$475,000
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4121 S Dixie Drive Moraine, OH 45439
Other
Residence
6
Beds
5
Baths
4,284
Sq. Ft.
0.13
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Extensively renovated 5-unit apartment building (four 1-BRs and one 2-BR) with no deferred maintenance. Unique commercially zoned property has stately appeal with a common, raised front porch that overlooks the brand new West Carrollton Intermediate School--directly across the street. Location is ou...tstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, with the one remaining in excellent condition. New roof, mostly new windows, new HVACs, new on-demand gas hot water, mostly new flooring, mostly new appliances, cabinets and countertops throughout; new paint. Modern styling and quickly rentable. 2-BR has private laundry room and Common coin laundry and tenant storage area for other units; newly paved/ repaved and lined designated space parking lot. Electronic main door entries and 4-camera exterior security. New exterior aluminum trim, siding and paint. Nicely landscaped and attractive setting. Commercial appraisal conducted in December 2024: valued at $470K for bank loan (can be provided upon serious offer request). NOI analysis for full year of 2024 operations provided in supplemental documents year, demonstrating net $43,000/ year after expenses (excluding mortgage). Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.
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MLS#
918922
Property Type
Other
Bedrooms
6
Bathrooms
5 Full
Year Built
1935
Square Feet
4,284
sq. ft
Lot Size
0.13
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