300-304 Sal Boulevard
Trenton, OH 45067

$1,500,000

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Listing Details

$1,500,000
MLS# 951869
Type Multi Unit - Multiple
Status Active

24
Bedrooms
24 full
Bathrooms
13,200
Square Feet
1.000 acres
Lot Size
1996
Year Built
Edgewood
Local Schools

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Local Information

Listed By

Agency Name: Outside The Box Real Estate
Agency Phone: (937) 202-9001

Shown By

Agent Name: Mike Palmer
Agent Phone: (937) 416-9342
Agency Title: Irongate Inc., Realtors

Home Value Estimate

Description

Rare opportunity to acquire a stabilized, income-producing 12-unit townhouse portfolio in Trenton. This offering consists of three 4-unit buildings. Built in 1996, the property features spacious 2-bedroom/2-bathroom townhouse-style units averaging 1,100 SF each totalling 13,200 total rentable square feet on ~1 acre. Currently 100% occupied with in-place rents totaling $14,250/month with a low expense ratio. Eight of twelve units have been updated, with fully renovated units commanding $1,250–$1,300/month and remaining classic units offering clear upside through renovation to market rents. Tenants are responsible for electric, water,...read more

Features

Wall
Baseboard
$14,502 Taxes
Built in 1996

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