700 Morse Ave is a 8 unit building that has a new roof (1 year old), Newer electric outside and many other capital improvements already completed. All units are 1 bed and 1 bath with individual boilers for heat and Wall A/C units. Many long term tenants and is 100% occupied. This is a great building with the capital improvements already completed. Call for details *Note - only vacant units, if applicable, will be shown by appointment without an offer being accepted or an LOI in place. A more in depth tour can be scheduled once contract/LOI is accepted.
Key Points: $299,000 9.7% Cap Rate 8 Units Dayton Location close to downtown Many capital improvements completed Other Buildings available
Asking Price: $299,000
Building Size: 5,040 SQ FT
Cost per Square Foot: $59.33