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$ 129,900
Est. payment /mo
New
40 Maylan Drive Dayton, OH 45405
4 Beds
4 Baths
1,300 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $99
MLS Listing ID 959080
Bedrooms 4
Full Baths 4
Year Built 1935
Annual Tax Amount $988
Lot Size 4,900 Sqft
Lot Dimensions .26
Property Sub-Type 2-4 Units
Property Description
Seller intends to sell these two parcels as a package. 40 Maylan is a vacant standalone building that is zoned for an office building that can be repaired as an office and possibly turned into another unit generating additional income, 42,44, and 46 Maylan is a Triplex. Unit 42 on first floor has two 1-bedroom (has been there for over 16 years, pays $475/month plus_ $25 for garage) with a 1-year lease that ends 4/2027. Unit 44 tenant has been there for a few years, pays $554/month, on a month-to-month lease. Unit 46 upstairs is a 2-bedroom unit and pays $675/month on a month-to-month lease. All units have separate electricity. The building is heated with a boiler system (seller pays gas). The potential for a hands-on investor who can improve and update the property over time can allow them to increase rents and value substantially. Current gross rents exceed 20K and could be considerably more. Taxes and utilities are about $8600 (very cold winter in 2025). See agent's remarks for additional info.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Unfinished
Interior
Heating Natural Gas
Cooling Central
Exterior
Parking Features 1 Car
Building
Structure Type Aluminum
Schools
School District Dayton
Listed by Coldwell Banker Heritage