4121, S, Dixie, Drive, Moraine, OH, 45439
4121, S, Dixie, Drive, Moraine, OH, 45439Location Details
- County Or Parish: Montgomery
- School District: West Carrollton
- Directions: Take I-75 S towards Springboro, exit N Springboro Pike (741) South, turn hard left onto South Dixie Drive. Park at West Carrollton Intermediate School parking lot and cross street to meet sellers agent.
- Zoning: Commercial,Multiple
Property Details
- Lot Dimensions: 50 x 111
- Parcel Number: J44120911-0064
- Construction Type: Aluminum,Asphalt,Cement / Fiber Board,Frame,Shingle,Stucco,Vinyl,Wood
- Distressed Property: None
- Ownership: Agent Owned
- Sub Lease YN: 0
- Transaction Type: Sale
Property Features
- Outside Features: Covered Patio,Fence,Partial Fence,Porch,Wood Fence, Covered Patio,Fence,Partial Fence,Porch,Wood Fence
- Inside Features: 6 Panel Door,Attic,Gas Water Heater,Security / Surveillance,Storage Lock
- Utilities: City Water,Natural Gas
- Appliances: Cooktop,Dishwasher,Dryer,Garbage Disposal,Microwave,Range,Refrigerator,Washer
- Basement: Full,Semi-Finished,Walkout
- Windows: Aluminum,Insulated,Wood Frame
- Heating: Forced Air,Natural Gas
- Cooling: Other
- Kitchen Features: Island,Laminate Counters,Pantry,Remodeled
- Garage: Storage
Miscellaneous
- Taxes Semi Annual: 1381.00
- Assessments: NONE
Basics
- Baths Full: 5
- Baths Half: 0
- Date added: Added 2 days ago
- Acres: 0.1300
- Listing Contract Date: 2024-09-01
- Category: Multi-Family
- Type: 5+ Units
- Status: Active
- Bedrooms: 6
- Bathrooms: 5.00
- Area: 4284 sq ft
- Lot size: 5663 sq ft
- Year built: 1935
- MLS ID: 918922
Courtesy of
- Office Name: Outside The Box Real Estate
- Agent Name: James Kinlaw
- Agent Email: Buddy@otbrealestate.com
- Agent Phone: (704) 654-9553
Description
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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 May 2023: valued at $465K for bank loan (can be provided upon serious offer request). First year of full operations achieved NOI exceeding $44K/year (see summary statement in attached documents). Rents range from $775 for non-renovated 1-BR unit to $1145 for the 2-BR. Rent roll available for serious inquiry. Perfect turnkey apartment building/ operation.
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