319 Deeds, Dayton, OH 45404

Property Description

Investors seeking passive income, this is the one! Everything has been updated - no repairs needed! Not only is it completely functionally updated, but aesthetically pleasing as well. Both units are 2 bedrooms and 1 bath. The bedrooms are nice sized with new lighting, carpet and carpet pad and fresh paint. The living spaces are bright and modern featuring dining areas, completely updated kitchens with new everything.... new cabinetry, lighting, flooring, counter tops and all new appliances. The bathrooms have also been updated with everything new! More importantly are the mechanical systems. All new! All new electrical panels and wiring. Permitted and city inspected! All new hvac systems including central air. Brand new hot water tanks and new pex plumbing. The back and front roofs are brand new with all new decking. The main roof was deemed to be newer (inspected) and not replaced. New windows, glass block basement windows, and all new 8ft privately fenced yard! Great addition for families with pets or children. The property also features a large covered front porch and large rear deck. This spacious duplex will be a great asset to any portfolio and maintenance free for years to come! Both units are currently vacant. Updates will be made to this listing as units become tenanted. Also a great opportunity to live in one unit and let the other side pay your mortgage!! Anticipated rental income is $1800/mo. $900 each unit. Utilities are completely separate and tenant responsibility to pay. Gross annual income estimated at $21,600. Taxes are $1109 annually. Insurance will cost $1200 annually (estimated). PM will be $2160/yr. NOI estimated at $17,131. 10% Return on Investment! Don't miss out on this wonderful opportunity!