46 Glenwood AVE 46 48 DAYTON OH 45405

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46 Glenwood AVE 46 48

DAYTON, OH 45405

Suburb: Dayton

$85,000

1,768sqft

Active

Long term tenant-occupied duplex presents a solid investment opportunity for the right buyer. Upstairs unit #46 includes 2 bedrooms, 1 bathroom, with additional living space in the finished attic which could increase the unit to 3 bedrooms, with rent at $435/month. Downstairs unit #48 has 1 bedroom and 1 bathroom, rented at $395/month. The property has vinyl siding, a newer roof, a shared basement, and a detached 2-car garage for storage. Some TLC is needed, making it a practical addition for any investor looking to expand their portfolio.

Directions

From I75, take Exit 54A toward OH-48N/N Main St., go North on OH_48/N Main St., turn right on Ridge Ave., then turn right on Glenwood Ave.

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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#	923763

Additional Information

Construction	Frame, Vinyl
Lot Dimensions	40 x 132
Total Acres	0.121
Occupancy	At Closing, Tenant
Semi-Annual Taxes	$499.99

Property Features

Property SqFt.	1,768
Basement	Full, Unfinished
Garage	2 Car
Cars	0
Heating	Forced Air, Natural Gas
Cooling	Window Unit

Additional Features

Appliances	Refrigerator, Range

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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