Average square foot calculated using Size range provided by listing agent.
Description
This low-maintenance brick building with a long-wearing slate roof at 27 Margaret St features 6 single-bedroom units, 1 efficiency and 1 rented parking spot, generating 8 stable income streams. Current rents are 900.00, 900.00, 800.00, 1000.00, 900.00, 900.00, 850.00. A detached 3-car garage and a spacious 1, 860 sq. Ft. Basement offer additional rental income potential. Current monthly rents are over 1% of the selling price, the property has appreciated an average 12% annualized since 2019 for an annual ROI just shy of 42%. Recent updates include a gas-fired boiler and upgraded electric service. Located just off Wayne Ave, across from the popular Esther Price Candy, this fully occupied property benefits from strong rental demand in a thriving Dayton neighborhood. Contact us today to learn more about this turnkey investment with multiple income sources and excellent long-term potential. Please respect tenant privacy; access granted after contract acceptance.Show Description
MLS® Number936851
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2
ExteriorCovered Patio, Porch
GarageYes
Approx. Age1925
BasementFull, Unfinished
Driveway3 Car, Detached
Garage Spaces
HeatHydronic Baseboard
A/CWindow Unit
Heating Fuel
Extras
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