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1417-1425 Milburn Ave
Dayton, OH 45404 McCook Field

$375,000

Apartments For Sale  •  6,072 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 6,072 Sq Ft
  • Lot Size 0.3 ac
  • Building Class C
  • Year Built 1962
  • Cap Rate 7.33 %
0 Transit Score
58 Walk Score

Description

Prime Investment Properties, well-known to area residents. Dead-end street keeps traffic slow and buildings back up to Claridge Park. Vacancies are rare and short-term. Current rents are low, market rents would provide even more cash flow! Three identical buildings, each with four, 1 Bedroom, 1 Bathroom units, total of 12 units. Each building is on a separate parcel but all three are being offered and sold in one transaction. Each unit has a designated parking space.

Highlights

One story, brick, low-maintenance buildings
Low vacancy
Popular with area residents

Financial Summary

Cap Rate: 7.33 %

Public Transportation

AirportDriveWalkDistance
Dayton International Airport 19 min - 11.2 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Peter Nichols 937-572-8425 Irongate Inc., Realtors
Peter Nichols 937-572-8425 Irongate Inc., Realtors