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USAOHMiamisburgAubrey Manor1616 Belvo Rd
1610 - 1616 Belvo Rd, Home with 8 bedrooms, 8 bathrooms and null parking in Miamisburg OH | Image 1
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$430,000

1610 - 1616 Belvo Rd, Miamisburg, OH

Real Estate

For Sale

$--,---,---
880
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $3,462
Days Active 0
Lot Size 
Approx. Age 1986
MLS® Number 936685

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire 8 units (2 buildings on two separate parcels), side by side, in a high-demand rental location. Stabilized asset with significant upside through rent increases. 8.49% Pro Forma CAP. To be sold together with adjacent identical 4-unit building at 1602 Belvo Rd. (Part of a two-building investment portfolio. Each building is listed for $430k. Portfolio Sale $860k).). Seller will not sell individually. Exceptional opportunity to acquire two 4-family apartment building in one of the most sought-after rental neighborhoods in Miamisburg. Each building consists of 4-spacious 2-bedroom, 1.5-bath townhome-style units, approx. 1, 000 SF each. Highly functional layouts feature private entrances, in-unit laundry & two-story living with kitchen, living room, laundry & half bath on first floor, & 2 bedrooms & full bath upstairs. Plenty of updates include: Laminate flooring, concrete patios, exterior lights front and back, New ACs etc. Investment Highlights: • Two 4 Unit buildings. Identical Layouts. Approx 1, 000 SF per unit. • Pro Forma CAP Rate: 8.49% at Market Rents ($1, 150/month/unit) • Current Rents Below Market | Strong Upside Potential • On-Site Parking: Parking Lots re-paved and asphalted in 2022. Prime Location & Strong Demand Drivers: • High-Demand Miamisburg Location • Proximity to Dayton Mall, Austin Landing, and I-75/I-675 Interchange • Less than a Mile from Miamisburg High & Middle Schools • Minutes to Dining, Retail, and Major Employment Centers Whether you're a seasoned investor looking to expand your multifamily portfolio or seeking a stable asset with value-add potential, this property checks all the boxes. With below-market rents and immediate upside, it offers strong cash flow in a resilient and growing rental submarket. Don’t miss this rare opportunity—schedule a tour today.Show Description
MLS® Number936685
Laundry Level
Central VacNo
FireplaceNo
Acreage0.34
Exterior
GarageNo
Approx. Age1986
BasementSlab
DrivewayNone
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral
Heating Fuel

Extras

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