4121 S Dixie Drive, Moraine, OH 45439 - MLS#918922 - Kate Wilson

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$495,000

Est. payment - /mo

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6 BD

5 BA

4,284 SqFt

Pending

4121 S Dixie Drive Moraine, OH 45439

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Kate Wilson

katewilsonhomes@gmail.com +1(937) 207-7737

UPDATED:

09/12/2024 03:10 PM

Key Details

Property Type Multi-Family, Commercial

Sub Type 5+ Units

Listing Status Pending

Purchase Type For Sale

Square Footage 4,284 sqft

Price per Sqft $115

MLS Listing ID 918922

Bedrooms 6

Full Baths 5

Year Built 1935

Annual Tax Amount $2,762

Lot Size 5,662 Sqft

Lot Dimensions 50 x 111

Property Description

Extensively renovated 5-unit apartment building (four 1-BRs and one 2-BR) with no deferred maintenance. Unique commercially zoned property has stately appeal with a common, raised front porch that overlooks the brand new West Carrollton Intermediate School--directly across the street. Location is outstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, with the one remaining in excellent condition. New roof, mostly new windows, new HVACs, new on-demand gas hot water, mostly new flooring, mostly new appliances, cabinets and countertops throughout; new paint. Modern styling and quickly rentable. 2-BR has private laundry room and Common coin laundry and tenant storage area for other units; newly paved/ repaved and lined designated space parking lot. Electronic main door entries and 4-camera exterior security. New exterior aluminum trim, siding and paint. Nicely landscaped and attractive setting. Commercial appraisal conducted in May 2023: valued at $465K for bank loan (can be provided upon serious offer request). First year of full operations achieved NOI exceeding $44K/year (see summary statement in attached documents). Rents range from $775 for non-renovated 1-BR unit to $1145 for the 2-BR. Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.

Location

State OH

County Montgomery

Zoning Commercial,Multiple

Rooms

Basement Full, Semi-Finished, Walkout

Kitchen Island, Laminate Counters, Pantry, Remodeled

Interior

Interior Features 6 Panel Door, Attic, Gas Water Heater, Security / Surveillance, Storage Lock

Heating Forced Air, Natural Gas

Cooling Other

Exterior

Exterior Feature Covered Patio, Fence, Partial Fence, Porch, Wood Fence

Garage Storage

Utilities Available City Water, Natural Gas

Building

Structure Type Aluminum,Asphalt,Cement / Fiber Board,Frame,Shingle,Stucco,Vinyl,Wood

Schools

School District West Carrollton

Others

Ownership Agent Owned

Listed by Outside The Box Real Estate

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Kate Wilson

Founder & CEO | BRKABRKP.2015001368

+1(937) 207-7737

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