626 Salem Avenue, Dayton, OH 45406

$179,900
8
BD
4
BA
8,566
SqFt

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List Price
$179,900
MLS#
966695
Status
ACTIVE UNDER CONTRACT
City
Dayton
Bedrooms
8
Full Bathrooms
4
Year Built
1905
Living Area
8,566
Subdivision
City/Dayton Rev

Property Description

Wow - over 8,000 sqft of opportunity awaits for the savvy new owner to optimize this historic 4-unit building to become Daytons new cash flowing king or queen! Current owner has done all of the due diligence of rehab estimates including renderings of the new exterior. Each unit is a 2bed - 1 bath suite with its own exterior entrance. Off street parking plus unfinished basement full of storage, coin op laundry, or other possibilites. Jump into your new project in the Dayton View Historic District surrounded by late Victorian, Tudor and Colonial Revival properties supporting Daytons center. Nothing this size on the market making it a great investment to fix & flip, BRRR or hold - market data reflects market rents conservatively at $1,000/door ($4,000+/mo) with comparables supporting $400k+ ARV.

Additional Information

Acres
0.09
Lot Size
3,920
Living Area
8,566
Basement Desc
Full, Unfinished
Garage Desc
No Garage
Cooling
None
Heating
Electric, Forced Air, Natural Gas
School District
Dayton
Zoning
Residential, Historic

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Kristine Wights and Luma Realty

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