612-614 S Smithville Road, Dayton, OH 45403

$189,900
4
BD
2
BA
2,016
SqFt

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List Price
$189,900
MLS#
969520
Status
ACTIVE
City
Dayton
Bedrooms
4
Full Bathrooms
2
Year Built
1925
Living Area
2,016
Subdivision
City/Dayton Rev

Property Description

Fantastic opportunity for an owner-occupant, house hacker, or investor! This duplex features two spacious 2-bedroom, 1-bath units, with one side currently vacant and ready for its next occupant. The occupied unit is professionally managed and currently rents for $950 per month, with the tenant responsible for all utilities. For the savvy buyer, the possibilities are easy to see. Move into the vacant side and let the income from the neighboring unit help offset your monthly housing expenses, or place another tenant and maximize the property's income potential. At approximately $950 per month per unit, projected gross rents could reach $1,900 per month, or $22,800 annually when fully occupied. That kind of income potential makes this an attractive option for investors looking to add a solid income-producing property to their portfolio. Conveniently located near State Route 35 for easy access throughout the Dayton area, the property is also within walking distance of a grocery store, retail shopping, and restaurants, adding even more appeal for both owners and tenants. Professionally managed, conveniently located, and ready for its next owner, 612–614 Smithville Rd offers tremendous flexibility whether you're looking to build your rental portfolio or make your first move into real estate investing through house hacking. Opportunities like this, with one unit already producing income and the other available for immediate use, don't come along every day!

Additional Information

Acres
0.10
Lot Size
4,251
Living Area
2,016
Basement Desc
Full, Unfinished
Appliances
Range, Refrigerator
Garage Desc
No Garage
Cooling
None
Heating
Forced Air
School District
Dayton
Zoning
Residential

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Calculator source: Real Geeks

Courtesy of John Clark and eXp Realty

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