4-Unit Gunckel Avenue Dayton Ohio | 424 Gunckel Ave
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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.
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 | Property Type | Multifamily |
Price Per Unit | $81,150 CAD | Property Subtype | Apartment |
Sale Type | Investment | Building Size | 4,952 SF |
Cap Rate | 9% | Average Occupancy | 100% |
Gross Rent Multiplier | 7.5 | No. Stories | 2 |
No. Units | 4 | Year Built | 1905 |
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 | - | - |
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4-Unit Gunckel Avenue Dayton Ohio | 424 Gunckel Ave
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