Miamisburg, OH 45342,237 N 12th Street
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Miamisburg, OH 45342,237 N 12th Street
Miamisburg, OH 45342,237 N 12th Street
Miamisburg, OH 45342,237 N 12th Street
Miamisburg, OH 45342,237 N 12th Street

$2,525,000

Est. payment /mo

$2,500,000

1.0%
Est.Price: ?

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237 N 12th Street Miamisburg, OH 45342

72 Beds

36 Baths

17,937 SqFt

SOLD DATE : 06/30/2022

Key Details

Sold Price $2,525,000

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Sold

Purchase Type For Sale

Square Footage 17,937 sqft

Price per Sqft $140

MLS Listing ID 858689

Sold Date 06/30/22

Bedrooms 72

Full Baths 36

Year Built 1969

Annual Tax Amount $32,662

Lot Size 1.240 Acres

Lot Dimensions 54014

Property Description

PLEASE NOTE: SELLER IS REQUESTING HIGHEST AND BEST BE SUBMITTED BY 3/25/2022. Please leave offers open for acceptance until 3/27/2022. Significant capital has been invested in these sister buildings located in Miamisburg near historic downtown, parks, golf courses, shopping, dining & entertainment venues. Occupancy at time of listing is 94%. The majority of the units have been updated. Each building is comprised of 18 garden style 2-bed, 1-bath apartments for a total of 36 units. Each apartment is ~900 sf with living room, dining room, galley style kitchen & utility room with w/d hook-ups. Carports & ample off-street parking are available for tenants' convenience. Shared courtyard separates individually parceled buildings. Price is for both properties. Square footage PCR is 17,937 sf/building for a combined square footage of 35,874. Semi-annual property taxes are for both buildings; assessments are individually listed for each building. Most units are below market rent with M2M or lease end dates in 2022 creating a value-add opportunity to quickly move rents to market levels and increase ROI.

Location

State OH

County Montgomery

Zoning Residential

Rooms

Basement Slab

Interior

Heating Natural Gas

Cooling Central

Exterior

Garage Carport

Utilities Available City Water, Natural Gas, Sanitary Sewer

Building

Structure Type Brick,Frame

Schools

School District Miamisburg

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Dayton MLS (DTON)
Listed by Keller Williams Advisors Rlty
Bought with Test Office

Diana Kinnaird

Real Estate Matchmaker | License ID: 2009000414

+1(937) 776-0377

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