1352 Saint Adelbert Avenue Dayton, OH 45404
Listing Courtesy of: DAYTON IDX / Coldwell Banker Heritage / Conner Hardin - Contact:  (937) 434-7600

  1352 Saint Adelbert Avenue Dayton, OH 45404

Active (7 Days)
$1,250,000
20
BED
20
BATH
8,730
SQFT
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Description

This fully renovated 10-unit townhome-style building presents an incredible investment opportunity with a strong, stable income stream. Offering a total of 20 bedrooms and 20 bathrooms, each of the units is currently leased at $1,200 per month, generating a consistent $12,000 in monthly rental income. The property is fully occupied under a three-year master lease agreement, with an automatic renewal option for an additional three years at a 5% annual rent increase.
Boasting a 10.4% cap rate, this turnkey investment is ideal for an investor seeking immediate returns and long-term stability. Tenants are responsible for all utilities, including water and trash, while the owner covers property taxes and insurance. Additionally, on-site management is in place, and tenants are responsible for maintenance and repairs under $300 or if damage is caused by them.
This property is an excellent opportunity for a buyer looking to acquire a low-maintenance, high-yield investment with minimal risk. Units will be available for showings upon acceptance of an offer, making it easy for the new owner to take over and enjoy the benefits of this prime property for years to come. Pictures do not show appliances, but all units have stainless steel appliances microwave, range, dishwasher and fridge.

MLS #:
927882
Lot Size
4,792 SQFT
Type
Multifamily
Year Built
1968
School District
Dayton
County
Montgomery County

Listed By

Conner Hardin, Coldwell Banker Heritage, Contact: (937) 434-7600
Source
DAYTON IDX
Last checked Feb 21 2025 at 1:48 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 10
  • Half Bathrooms: 10
Interior Features
  • Attic
Kitchen
  • Remodeled
  • Granite Counters
Subdivision
  • City/Dayton
Heating and Cooling
  • Natural Gas
  • Forced Air
  • Central
Basement Information
  • Slab
Utility Information
  • Utilities: Sanitary Sewer, Natural Gas, City Water, 220 Volt Outlet
Garage
  • None
Living Area
  • 8,730 sqft
Additional Information: Heritage | (937) 434-7600
Location
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Disclaimer: Copyright 2025 Dayton IDX MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/21/25 05:48
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