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USAOHMoraine4121 S Dixie Dr
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$449,900

4121 S Dixie Dr, Moraine, OH

Real Estate

For Sale

$--,---,---
650
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $1,381
Days Active 376
Lot Size 
Approx. Age 1935
MLS® Number 918922

Property Address: 

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

Description

Motivated to close in 2025! 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 outstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, remaining 1-BR substantially remodeled. Nearly new roof, most windows, furnaces, HVACs, on-demand gas hot water, flooring, 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. NOI analysis for full year of 2024 operations provided in supplemental documents, demonstrating net $43, 000/ year after expenses (excluding mortgage) Expect as goos or better in 2025. Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.Show Description
MLS® Number918922
Laundry Level
Central VacNo
FireplaceNo
Acreage0.13
ExteriorCovered Patio, Fence, Partial Fence, Porch, Wood Fence
GarageNo
Approx. Age1935
BasementFull, Semi-Finished, Walkout
DrivewayStorage
Garage Spaces
HeatForced Air, Natural Gas
A/COther
Heating Fuel

Extras

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