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$649,900
Est. payment /mo
4 Beds
2 Baths
0.45 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 953861
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1890
Annual Tax Amount $9,786
Lot Size 0.454 Acres
Lot Dimensions 100 x 198
Property Sub-Type 5+ Units
Property Description
Very rare chance to own a truly iconic home that represents a piece of Miamisburg history. The home of it's 1st doctor....Dr. John Treon. This beautiful home has been well maintained and sits on almost a 1/2 acre lot. The home has 3 or 4 bedrooms, 1.5 baths, formal dining and large living room with beautiful marble fireplace (there's also a marble fireplace in the primary bedroom), curved staircase, unfinished basement (with W/D hook-up), and 3rd floor walk-up attic that has 2 rooms and holds so much possibilty for additional finished sq footage. OPPORTUNITY KNOCK'S HERE TOO! Here's another FANTASTIC feature of this property! There are 7 apartments too! Think of the cash flow here as an investor or an owner occupant!! The apartments range from an efficiency, 1 bedroom and 2 bedroom units. 4 are attached to the main home and 3 are ranch units behind the main home. There is a parking lot for tenants also! These units are always easy to rent and there are some long term tenants. The walk to all of thriving downtown Miamisburg offers is just a block or two! Both the main house and the ranch apartments are of brick construction. There is a detached 1 car garage and 1 car carport. You'll love the yard space too! There is a walk-out basement under a unit in the brick ranch building. Owner occupies the main house. This would be a very rentable home for the non-owner occupied Buyer. Current appox greoss rent is 60,000 yrearly. The main home could potentially be rented (potetial rent of $ 2200 x 12 mos=$ 26,400) This would bring a yearly rents to approx 86,400. Approx yrly expenses are $2800 insurance-$3600 water/sewer/trash-$10,300 taxes.
Location
State OH
County Montgomery
Zoning Commercial
Rooms
Basement Partial, Unfinished
Interior
Interior Features Gas Water Heater, Paddle Fans, Smoke Alarm(s)
Heating Forced Air, Natural Gas
Cooling Central
Exterior
Exterior Feature Cable TV, Porch
Parking Features 1 Car, Carport, Detached
Building
Structure Type Brick
Schools
School District Miamisburg
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Listed by Collins Real Estate Services
Nearby Locations
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Megan Maynard, MBA, Realtor
Agent | License ID: SAL.2023004266
Agent License ID: SAL.2023004266