Active

1800 N James H Mcgee Boulevard

Dayton OH, 45417

$599,900


$28.01 per sqft

Active

28 Beds

28 Baths

21,420 sqft

Multi-family

Built in 1966

The property features 28 fully framed 1-bed/1-bath units, each spanning 650 square feet. A brand-new roof has been installed, ensuring the property's longevity and reducing future maintenance costs. The framing for all 28 units is already complete, positioning this asset perfectly for immediate development.

What sets this opportunity apart even further are the city-approved construction drawings by the renowned Envisage Architecture. With these plans already greenlit by the City of Dayton, the property is ready for you to add the finishing touches and bring these units to market quickly and efficiently. With everything in place, this property is set to achieve an impressive 13%+ cap rate in its first year alone. This is more than just an investment; it's a golden opportunity to secure a high-yield asset in a growing market.

Properties like this, with such substantial upside and robust cash flow potential, are rare. Don't miss your chance to add this lucrative asset to your portfolio. Act quickly--this property is bound to attract strong interest, and you'll want to secure it before someone else does.

918395

MLS ID

August 23, 2024

Listed

December 30, 2024

Updated

Map

1800 N James H Mcgee Boulevard
Dayton OH, 45417

Interior Features

Total Stories

2


Bedrooms

28


Total Bathrooms

28


Full Bathrooms

28


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.89 Acres

Other Property Details

Garage

No


Parking

No Garage


View

No


County

Montgomery


Pool

No


Zoning

Commercial

Courtesy of Max Wechter with Outside The Box Real Estate
Listing Contact: (937) 202-9001 

Based on information from Dayton Area Board of REALTORS® as of 12/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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