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5240 Belle Isle Drive

Moraine, OH 45439
  • $295,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 849636
$295,000
  • 2
    BEDS
  • 0.5
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,234
    SQFT
  • $91
    $/SQFT
Type:
Multi-Family
Built:
1979
County:
Area:

School Ratings & Info

School District:

Description

All brick ranch 4 unit building provides Rare opportunity for some positive cash flow! Tenants pay all utilities including water. 3 newer efficient heat pumps installed recently. All 4 units have two-bedrooms and one bathroom...all on one floor. Each unit is generous in size and features a combination living/dining room, separate entrances and fenced patios in the rear. Bonus are Two designated parking spots in front of each unit in addition to on street parking. Updated kitchens have refrigerator, range and dishwashers. Hook-up is available for washer/dryer. Good location near I-75 and shopping. No city income taxes either. The current owner has done a great job of keeping all units up-to-date and fully occupied with long term tenants and 100% occupancy for 5 years running. Where else can you make close to 10% on your investment while waiting for add'l appreciation.

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The data relating to real estate for sale on this website comes in part from the Dayton Area Board of REALTORS® MLS IDX Database. Real estate listings held by brokerage firms other than The Gene Group are marked with the IDX logo and detailed information about them includes the name of the listing brokers. IDX information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Data last updated 2021-10-16T00:03:55.907.
www.thegenegroup.com/homes/121483581
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5240 Belle Isle Drive Moraine, OH 45439

  • Price: $295,000
  • Status: Active
  • MLS #: 849636
2
Beds
1
Baths
0
½ Baths
0.5
Acres
3,234
SQFT
$91
$/SQFT
1979
Built
County:
Montgomery
Area:
Moraine
School District:
West Carrollton
Property Description
All brick ranch 4 unit building provides Rare opportunity for some positive cash flow! Tenants pay all utilities including water. 3 newer efficient heat pumps installed recently. All 4 units have two-bedrooms and one bathroom...all on one floor. Each unit is generous in size and features a combination living/dining room, separate entrances and fenced patios in the rear. Bonus are Two designated parking spots in front of each unit in addition to on street parking. Updated kitchens have refrigerator, range and dishwashers. Hook-up is available for washer/dryer. Good location near I-75 and shopping. No city income taxes either. The current owner has done a great job of keeping all units up-to-date and fully occupied with long term tenants and 100% occupancy for 5 years running. Where else can you make close to 10% on your investment while waiting for add'l appreciation.
Exterior Features

Construction Type Brick Garage None Lot Dimensions irreg Lot Size Source Assessor's Data Outside Features Patio

Interior Features

Appliances DishwasherRangeRefrigerator Basement Other Baths Total 1.00 Heating ElectricForced AirHeat Pump Inside Features Electric Water Heater

Property Features

Assessments See County Records Cooling CentralHeat Pump Distressed Property None Property Sub Type 2-4 Units Transaction Type Sale Utilities City WaterStorm Sewer Zoning Multiple

Listing provided courtesy of Miranda K Biedenharn of Comey & Shepherd Realtors. © 2021 Dayton Area Board of REALTORS® MLS. Information Deemed Reliable But Not Guaranteed.

The data relating to real estate for sale on this website comes in part from the Dayton Area Board of REALTORS® MLS IDX Database. Real estate listings held by brokerage firms other than The Gene Group are marked with the IDX logo and detailed information about them includes the name of the listing brokers. IDX information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Data last updated 2021-10-16T00:03:55.907.
 
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The Gene Group
65A W. Franklin St.
Centerville OH, 45459