Turnkey Duplex Investment at 116 Bellaire Ave. This income-producing property offers immediate cash flow with a 7.3% cap rate (professionally managed) and an 8.8 GRM. The 1,725 sq ft building features two fully leased 2-bed, 1-bath units generating $1,750/month ($850 lower/$900 upper). Tenants pay their own utilities, owner covers water/trash ($100/mo) and low annual taxes of $1,988. Each unit includes spacious living/dining areas and full basement access with laundry. Major capital improvements include a new roof (2025), concrete entrance steps (2026), main plumbing stack/sewer line replacement (2022), and upper-unit cosmetic/bathroom updates (2022). Includes a detached 2-car garage. Prime rental location just 1 mile from the University of Dayton, Miami Valley Hospital, and Brown Street dining, plus easy access to US-35, I-75, and WPAFB (7.4 miles). Financials and leases available upon request.
Listed By
Agency Name: Keller Williams Community Part
Agency Phone: (937) 530-4904
Shown By
Agent Name: John Yoder Team
Agent Phone: Cell: (740) 398-2532
Agency Title: Key Realty
Estimated Payment
$ 1,254.46 per month $1,034.84 Principal & Interest $165.67 Property Tax $53.96 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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116 Bellaire Avenue | MLS# 962715
This multi-family property located at 116 Bellaire Avenue, Dayton, OH 45420 is currently listed for sale with an asking price of $185,000. Bellaire Avenue is located within the Dayton school district. Search Dayton real estate on www.johnyoderteam.com today.