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$1,700,000
Est. payment /mo
42 Beds
42 Baths
24,102 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 24,102 sqft
Price per Sqft $70
MLS Listing ID 970173
Bedrooms 42
Full Baths 42
Year Built 1967
Annual Tax Amount $13,030
Lot Size 0.459 Acres
Lot Dimensions .4591
Property Sub-Type 5+ Units
Property Description
Central Superior presents a compelling 42-unit multifamily investment opportunity in Dayton's Grafton Hill neighborhood. The property includes 31 studios and 11 one-bedroom units averaging 416 SF, with on-site laundry, a 12+ vehicle garage, and individually metered electric.
Since 2021, ownership has completed significant capital improvements, including both roofs, replacement windows, most electrical panels, plumbing stacks, hallway flooring, and a renovated laundry room, with approximately 85% of units renovated. In-place rents average $636 for studios and $750 for one-bedrooms, with additional upside through rent growth, garage parking, and a potential bulk cable/internet program. Located approximately one mile from Kettering Health Dayton and within three miles of major area institutions and employment centers.
Since 2021, ownership has completed significant capital improvements, including both roofs, replacement windows, most electrical panels, plumbing stacks, hallway flooring, and a renovated laundry room, with approximately 85% of units renovated. In-place rents average $636 for studios and $750 for one-bedrooms, with additional upside through rent growth, garage parking, and a potential bulk cable/internet program. Located approximately one mile from Kettering Health Dayton and within three miles of major area institutions and employment centers.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Wall
Exterior
Parking Features 4 or More
Building
Structure Type Brick
Schools
School District Dayton
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Listed by Outside The Box Real Estate
Nearby Locations
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