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4-Unit Gunckel Avenue Dayton Ohio 424 Gunckel Ave

4 Unit Apartment Building $324,601 CAD ($81,150 CAD/Unit) 9% Cap Rate Dayton, OH 45410

Investment Highlights

  • Long history of income producing property with low vacancy.

Executive Summary

424-426 Gunckel Avenue
Dayton, Ohio 45410
Great Investment Opportunity. 4-unit with gross income of $30,600/year. Each apartment is a large, 1-bedroom and 1-full bathroom. Turnkey rental property. Updated electric to all new breakers in 2023. Tenants pay their own electric. Two furnaces and two water heaters. Each unit comes with a refrigerator and stove. Separate, exterior entrances for all 4 units. Tons of storage space in attic and basement. Original woodwork, pocket doors, hardwood floors. Close to University of Dayton, I-75, Miami Valley Hospital, and Route 35. 2,600 square feet finished. Basement is unfinished.
Potential to increase revenue by installing laundry room in basement.
424 = $700/month
424 ½ = $505/month
426 = $700/month
426 ½ = $645/month
Not looking for any realtor representation. Will pay commission to buyer’s agent.
Call Jared at 937-232-0214.

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $324,601 CAD
Price Per Unit $81,150 CAD
Sale Type Investment
Cap Rate 9%
Gross Rent Multiplier 7.5
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Size 4,952 SF
Average Occupancy 100%
No. Stories 2
Year Built 1905

Unit Amenities

  • Hardwood Floors
  • Carpet
  • Yard
  • Attic
  • Basement

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
  • Listing ID: 33797370

  • Date on Market: 2024-11-07

  • Last Updated:

  • Address: 424 Gunckel Ave, Dayton, OH 45410

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