520 Forrer Blvd Dayton, OH 45419

This property is for sale by online auction only. Auction is live and ends 7:07 PM on 5/23/2024. List price is opening bid. Nestled on Forrer Avenue in the heart of Kettering, just moments away from Oakwood and adjacent to Patterson Park, this all-brick four-unit apartment presents a highly coveted investment opportunity in one of Dayton's most desirable areas.
Boasting a prime location, this property is situated mere steps from Oakwood, with the city's iconic sign serving as a neighbor next door. Additionally, Oakwood is conveniently located directly across the street, underscoring the unparalleled convenience and prestige of this sought-after locale.
Each unit within this well-maintained property features 1 bedroom and 1 bathroom, offering comfortable living spaces ideally suited for tenants seeking convenience and affordability. With market rents set at $700 plus a $40 water/trash fee, tenants are responsible for their own utilities, ensuring consistent cash flow for the discerning investor.
Currently, three units are occupied, while the fourth has been freshly turned, with a tenant application currently under review—highlighting the property's strong appeal and high demand in the rental market.
Convenience extends beyond the living spaces, with ample parking available in the rear of the building, supplemented by street parking for added convenience. The property also boasts a 4-car garage with two double doors, providing tenants with peace of mind and additional storage options.
Inside, each unit exudes comfort and functionality, featuring hardwood flooring, eat-in kitchens, and gas stoves for the ultimate in convenience. On-site laundry facilities further enhance the appeal, offering residents added convenience and ensuring a seamless living experience.
As part of a very rare real estate auction featuring 40+ lots, this property represents a unique opportunity to acquire a prime investment in a highly sought-after location.