$160,000 Price Analysis 520 Forrer BlvdDayton, OH 45419 4 bed 4 bath 3,762 SqFt ($42/SqFt) 0.24 acre lot. Built 1945 Listed 2024-04-19, Taxes $4,724 | Ⓧ USDA Ineligible due to location near Dayton |
Auction is live and ends 7:07 PM on 5/23/2024. List price is opening bid. Nestled on Forrer Avenue in the heart of Kettering, moments away from Oakwood and adjacent to Patterson Park, this all-brick four-unit apartment presents a highly coveted investment opportunity in one of Dayton's most desirable areas. Boasting a prime location, this property is situated mere steps from Oakwood, with the city's iconic sign serving as a neighbor next door. Additionally, Oakwood is conveniently located directly across the street, underscoring the unparalleled convenience and prestige of this sought-after locale. Each unit within this well-maintained property features 1 bedroom and 1 bathroom, offering comfortable living spaces ideally suited for tenants seeking convenience and affordability.
With market rents set at $700 plus a $40 water/trash fee, tenants are responsible for their own utilities, ensuring consistent cash flow for the dscerning investor. Currently, three units are occupied, while the fourth has been freshly turned, with a tenant application currently under reviewhighlighting the property's strong appeal and high demand in the rental market. Convenience extends beyond the living spaces, with ample parking available in the rear of the building, supplemented by street parking for added convenience. The property also boasts a 4-car garage with two double doors, providing tenants with peace of mind and additional storage options. Inside, each unit exudes comfort and functionality, featuring hardwood flooring, eat-in kitchens and gas stoves for the ultimate in convenience. On-site laundry facilities further enhance the appeal, offering residents added convenience and ensuring a seamless living experience. As part of a rare real estate auction featuring 40+ lots, this property represents a unique opportunity to acquire a prime investment in a highly sought-after location.
Presented by Craig Kellogg at
Agora Realty Group.
Property MLS #907564 from Dayton
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $34,200 + $10,500 $44,700 | $4,724 |
2021 | $34,200 + $10,500 $44,700 | $4,506 |
2020 | $34,200 + $10,500 $44,700 | $4,538 |
2019 | $35,000 + $10,500 $45,500 | $4,908 |
2018 | $35,000 + $10,500 $45,500 | $4,969 |
2017 | $35,000 + $10,500 $45,500 | $4,720 |
2016 | $56,130 + $10,500 $66,630 | $6,840 |
2015 | $56,130 + $10,500 $66,630 | $6,682 |
2014 | $15,680 + $10,500 $26,180 | $4,194 |
2013 | $18,564 + $9,765 $28,329 | $4,253 |
2012 | $18,564 + $9,765 $28,329 | $4,057 |
2011 | $36,040 + $9,770 $45,810 | $4,110 |
2010 | $38,760 + $10,500 $49,260 | $10,970 |
2009 | $38,760 + $10,500 $49,260 | $3,846 |
2008 | $38,760 + $10,500 $49,260 | $3,751 |
2007 | $47,260 + $11,550 $58,810 | $4,654 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.