265 Linden Ave, Dayton, OH 45403

Property Description

Three apartments. Two paying tenants. One vacant opportunity. Let the math do the talking. 265 Linden Avenue is a historic Dayton triplex offering investors $16,500 in current annual gross rental income with additional upside through the vacant third unit. The property features a spacious 2-bedroom main-floor apartment, 1-bedroom upper-level apartment, and efficiency/studio with its own kitchen and full bath. Current rents are $725/month for the 2-bedroom and $650/month for the 1-bedroom. The 2-bedroom is leased through January 2028, while the 1-bedroom is month-to-month. The vacant efficiency provides an opportunity to increase occupancy and future gross income. Offering approximately 2,222 square feet, each unit has one full bath. The unfinished basement houses laundry and mechanical systems. Off-street parking is provided by the detached garage and rear parking area. Historic character shines through the brick exterior, covered front porch, upper balcony, and distinctive architectural details. Utilities are currently master-metered, with one electric, gas, and water meter serving the property. Owner currently pays utilities, which are included in the rental arrangements. Property is being sold strictly AS-IS. Buyer to perform all desired inspections and due diligence, including verification of rents, leases, utility arrangements, zoning, permitted use, square footage, and municipal requirements. Existing exterior code violations will be assumed by the purchaser at closing. Seller will make no repairs or concessions related to inspections, code requirements, or property condition. Schedule your private tour today!