47-49 Burkhardt Avenue

Dayton, OH
$ 275,000 Beds 7 Baths 8 Sq 5,719
Monthly Estimate* How much can I afford?

9.89% Return on Investment at asking! This 8-unit multi family apartment building is a great opportunity for a first-time investor. Long term tenants are all parked on M2M leases. Rents are all well below market—which represent immediate upside potential for any new owner. This asset actually contains three parcels and includes on site, off street, parking for the tenants. There are two long term tenants on SEC 8 who were recertified/inspected in Sept. and Nov. of 2020. The property has 7 one-bedroom units and 1 efficiency located on the lower level. The Seller is currently using that as a maintenance closet but has successfully rented it in the past and any new owner could too! Seller has always self-managed –any new owner could too --another reason this is a smart and EASY investment for any buyer. At asking, the property represents a 9.2% return and a strong 14.5% on proforma/market rents.

Multi-Family

  • Price
  • $ 275,000
  • Lot Size
  • 6,970 SqFt
  • Bedrooms
  • 7
  • Sqr Footage
  • 5,719
  • Full Bathrooms
  • 8
  • Year Built
  • 1953
  • Half Bathrooms
  • 0
  • City, Zip
  • Dayton
  • County
  • MONTGOMERY
  • Style
  • 5+ Units
  • Area
  • MLS#
  • 837542
  • Zip
  • 45403
Listing Provided by: Tammy A Lambert with Bruns Realty Group, LLC - (937) 339-2300
Data Source: Dayton Ohio MLS (DTON) - 48 - OH

Features

General

Basement Finished, Full, Walkout
Cooling Central
Directions Fifth Street to Burkhardt to 47-49 Burkhardt
Garage None
Heating Electric
Property Type Multi-Family
School District Dayton
Sub Type 5+ Units
Zoning Multiple

Exterior Features

Construction Type Stucco
Lot Dimensions irregular
Lot Size Source Assessor's Data
Lot Square Footage 6970
Outside Features Covered Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Cincinnati, OH office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/13/2021 Listed $355,000
7/5/2021 15% - $305,000
9/30/2021 4% - $295,000
11/16/2021 7% - $275,000

Property vs Zip Code Average in 45403

Price
AVG $410K
$280K
Visits
AVG 272
341
Year Built
AVG 1923
1953
Walkscore
AVG 57
52
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

47-49 Burkhardt Avenue Dayton, OH is a Single Family Home for sale at $275000 with 5719 sqft and a lot size of 6,970 SqFt Acre(s). 47-49 Burkhardt Avenue Dayton has 7 bedrooms, 8 baths and was built in 1953. The property's zip code is 45403 which is in Dayton, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.