List Search

333 Superior Avenue & 200 Central Ave
Dayton, OH 45406 Grafton Hill

$819,900

Multifamily For Sale  •  28,938 Sq Ft

Property Details

  • Property Type Multifamily
  • Total Building Size 28,938 Sq Ft
  • Lot Size 0.46 ac
  • Year Built 1963
0 Transit Score
63 Walk Score

Description

The subject apartments consist of two buildings including the following contiguous addresses: 200 Central Avenue and 333 Superior Avenue, both are located in the Grafton Hill Historic District: From https://graftonhill.org/ : “(Grafton Hill Historic District) borders Downtown Dayton just across the Great Miami River and is roughly defined by Grand, Plymouth, Forest and Salem Avenues. Grafton Hill represents a movement of Dayton’s affluent residents from the center city northward across the Great Miami River during the late nineteenth and early twentieth centuries. Grafton Hill contains some of Dayton’s best examples of stately, high-style residential architecture from this period including Queen Anne, Neoclassical, Tudor, Jacobethan and Craftsman homes.
Today Grafton Hill maintains its historic charm and an active neighborhood association. The Dayton Art Institute, Dayton Masonic Center and Annunciation Greek Orthodox Church are all nestled within the boundaries of Grafton Hill. Grandview Medical Center is also a great neighbor to our north. Grafton Hill is within walking distance of the best of Downtown Dayton–including the Schuster Center for the Arts, Riverscape Metropark, River Run, the bike path and much, much more!”

Highlights

Value Add Opportunity - Below Market Rents & Occupancy
Two Solid Contiguous Brick Buildings
Only $19,500 Unit
Twelve One Beds / 30 Studios
CASH Offers Preferred, As-Is Sale
65% Occupied

Financial Summary (Proforma)

Net Operating Income: $110,225 (2019)
Total Expenses: $87,959

Public Transportation

AirportDriveWalkDistance
Dayton International Airport 22 min - 12.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: AttachedGarage
Included in Rent: Yes
Jennifer Donathan 513-520-3540 KW Commercial
Jennifer Donathan 513-520-3540 KW Commercial