1. Ohio
  2. Moraine
  3. 4121 S Dixie Drive
$465,000

4121 S Dixie Drive, Moraine, OH 45439

  • 6 beds |
  • 5 baths |
  • 4,284 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $109/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

Extensively renovated 5-unit apartment building (four 1-BRs and one 2-BR) with no deferred maintenance. Unique commercially zoned property has stately appeal with a common, raised front porch that overlooks the brand new West Carrollton Intermediate School--directly across the street. Location is outstanding- only one block from Stroop and Kettering amenities. Four of 5 apartments are completely remodeled, with the one remaining in excellent condition. New roof, mostly new windows, new HVACs, new on-demand gas hot water, mostly new flooring, mostly new appliances, cabinets and countertops throughout; new paint. Modern styling and quickly rentable. 2-BR has private laundry room and Common coin laundry and tenant storage area for other units; newly paved/ repaved and lined designated space parking lot. Electronic main door entries and 4-camera exterior security. New exterior aluminum trim, siding and paint. Nicely landscaped and attractive setting. Commercial appraisal conducted in December 2024: valued at $470K for bank loan (can be provided upon serious offer request). NOI analysis for full year of 2024 operations provided in supplemental documents year, demonstrating net $43,000/ year after expenses (excluding mortgage). Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.

Listing Status:
Active
Date Added:
September 1, 2024 at 05:00AM
Listing Office:
Outside The Box Real Estate : (937) 202-9001
Listing Agent:
James Kinlaw : (704) 654-9553
MLS ID:
918922
  • General: AtticKitchen IslandLaminate CountersPantryRemodeled
  • Appliances: CooktopDryerDishwasherDisposalMicrowaveRangeRefrigeratorWasherGas Water Heater
  • Basement: FullPartially FinishedWalk-Out Access
  • A/C: Other
  • Heating: Forced AirNatural Gas

This listing courtesy of James Kinlaw, Outside The Box Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Carrollton Intermediate School

4100 S Dixie Dr, Moraine, OH, 45439

Grades 5-6

0.07 miles away

W

West Carrollton Middle School

424 E Main St, West Carrollton, OH, 45449

Grades 7-8

2.18 miles away

W

West Carrollton High School

5833 Student St, Dayton, OH, 45449

Grades 9-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.