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Buy&Hold: (4-Plex) 1502 Chapel St, Dayton, OH 45404 - No Longer Available

Updated: Feb 24, 2022

Single Family Investment Opportunity



Acquisition Price

$260,000


Subject Property:

1502 Chapel St, Dayton, OH 45404 | 6,048 sqft | 2bd/1ba Each Unit | $2,050/mo Gross (below market) | Tenants pay utilities except water/sewer | W/D Each Unit | Window AC Units | Heating all throughout | New roof installed 12yrs ago | Kitchen/Baths need updating

HUD Fair Market Rate for 2bd Unit in 45404 - $780/mo

Rentometer 2bd Unit - $714/mo

Pro Forma Gross: ($2,856/mo - $3,120/mo)

PROPERTY PHOTOS:

https://www.dropbox.com/sh/5dlzbh65vw7jcv3/AAAqWGFqbyAjToebl93QVgnva?dl=0

Terms of Offer: - Cash only - Must be able to close as-is no contingencies. - Buyer pays all closing costs - Title/Escrow held at Bridge Title & Escrow Services LLC - $5,000 EMD required to secure assignment contract.





"Brick by Brick"






PROMISE LAND REALTY, LLC

Work: 864-762-2509

sarter@promiselandrealtyllc.com

www.promiselandrealtyllc.com


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*

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