Fantastic Investor Opportunity

411 E Pearl St, Miamisburg, OH 45342, USA

4 Bedrooms · 1 Bathrooms · $114,900 • For Sale

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Property Information

Fantastic Investor Opportunity to own a triplex offering great rental income!  Detached 2.5 car garage w/ plenty of room for storage along with ample on-street parking in front of the property. Enclosed back porch plus fully fenced backyard. Unit 1 is a beautiful 2 Bdr located on the lower level of the building.  It was intentionally left vacant after being remodeled so that it may be owner occupied.  New owner can potentially live in the lower unit rent free! Market rent for lower 2 Bdr is approximately $650-$700/mo. Unit 2A is an upstairs 3-room efficiency currently renting for $475/mo.  Unit 2-B is an upstairs 1 Bdr that has been recently updated and currently rents for $550/mo.  Both upstairs units have a private access from side of the property. The rear of the building has a large enclosed porch. All 3 units are in impeccable condition. Less than a 2% vacancy rate in the past.  Updates in last several years include a new roof, hot water heater, and entire exterior of the house recently painted in September, 2019.   Other recent updates include luxury vinyl planking, interior painting, interior renovations, and concrete repairs to sidewalk and steps.   Owner expenses are minimal.  Property taxes are approximately  $195/mo and insurance is approximate of $80/mo.  Tenants pay all utilities, which includes gas, electric, and water/sewer/trash.  You will find that this is a truly exceptional turnkey investment property!

 


  • 4
    Bedrooms

  • 1
    Bathrooms

  • 3,031
    Square Feet


  • Year Built


  • Lot Size

  • Multi Family
    Type

Features and Amenities

  • Fenced Yard
  • Hardwood Floors
  • Laundry Room

Map Information

411 E Pearl St, Miamisburg, OH 45342, USA

Contact Seller