1206 Union Boulevard new

Clayton,OH 45315

$ 2750000

48 Beds

26 Baths

22760 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Square Footage 22,760 sqft

Price per Sqft $120

MLS Listing ID 933566

Bedrooms 48

Full Baths 26

Year Built 1991

Annual Tax Amount $31,498

Lot Size 2.650 Acres

Lot Dimensions irr

Property Sub-Type 5+ Units

Property Description

This unique opportunity consists of five multi-family apartment buildings, totaling 26 units, plus a leasing office, all located at 1206 Union Blvd, Englewood, Ohio, also known as Gateway Village Apartments. The leasing office could be leased as office or converted to an additional unit.

There are (6) one bed, (14) two bed and (6) three bedroom units and 2 of the units are handicap accessible. There is on-site parking for tenants and guests along with on-site laundry facilities that generate about $500/month, regularly. We have long term tenants with families and pets, which also generates additional income at approximately $500 per month .

Excellent location off Wenger Road, close to Dayton International Airport, Kroger Grocery Store, Amazon Distribution Center and more. Excellent rental area. Seller has self-managed for years and is now looking to retire. Rents are seriously under-market which represents a generous upside potential to any investor. Occupancy remains high and turn time is less than 10 days on any unit.

Location

State OH

County Montgomery

Zoning Commercial,Multiple

Rooms

Basement Slab

Interior

Heating Forced Air,Natural Gas

Cooling Central

Exterior

Exterior Feature Cable TV,Partial Fence,Patio,Storage Shed

Parking Features None

Building

Structure Type Block,Brick,Frame

Schools

School District Northmont

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