Income-producing student rental near the University of Dayton with leases secured for two academic years! 120 Fairground Avenue offers approximately $70,000 in contracted gross rent for the current academic year and $60,000 for the following year, providing investors with established rental income and advance leasing visibility. Three full bathrooms, a finished basement, a detached garage, and a spacious fenced backyard complement a location close to campus just steps from Brown Street. The finished lower level adds flexible usable space, with potential for further improvements and code-compliant egress, subject to applicable permits and approvals. With approximately $130,000 in combined contracted gross rent across two academic years, this property offers an opportunity to acquire an operating student rental with future leasing upside in Dayton’s university rental market. Lease agreements and supporting rental documentation are available for review once under contract.
Courtesy of Brian Sharp and BHHS Professional Realty
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