114 Delaware AVE 112 DAYTON OH 45405

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114 Delaware AVE 112

DAYTON, OH 45405

Suburb: Dayton

$39,990

2,720sqft

Active

INVESTOR ALERT!! RESTORATION DAYTON! Double the DEAL with this side-by-side Dayton duplex loaded with space and equity to earn. Each unit offers 3 Bedrooms, 1 Bath, a large living room, formal dining room, cozy breakfast room and large eat in kitchens. Both enjoy a great layout w/covered front porches, HUGE unfinished basements and so much potential. Years of vacancy have left it in disrepair and need a total renovation byut correct pricing and the repaired value of $150-160K warrants the cause. Projected rents for these units are between $1,000-1,100 monthly. Conveniently located within close proximity to Downtown, the Gem City Market, Dayton Art Institute, Five Oaks Park and Grandview Hospital offering employment and access to medical resources. Priced for action and ready for immediate renovation. Smart investors think fast!!

Directions

From Downtown: Head North on Main Street (aka SR 48) to West onto Delaware to #112/114. No Signage on Property

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Property Details

General Information

Property Type	Multi-Family
Style	2-4 Units
Suburb	Dayton
Zip Code	45405
School District	Dayton City SD
MLS#	919052

Additional Information

Construction	Aluminum
Lot Dimensions	City Lot
Total Acres	0.148
Occupancy	At Closing
Semi-Annual Taxes	$204.54

Property Features

Property SqFt.	2,720
Basement	Full, Unfinished
Garage	2 Car, Detached
Cars	0
Heating	Natural Gas
Cooling	None

Additional Features

Multi-Family Information

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors®. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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