2312 Davue Cir, Dayton, OH 45406

Description

This quadplex features four identical 2 bedroom, 1 bathroom units in a strong rental corridor just off Salem Ave. Three of the four units have been fully turned and are in solid condition. One unit became vacant just one week ago after a long term tenant of 11 years moved out and is the only unit that has not yet been rehabbed, presenting an immediate value add opportunity. Current rents are $600-$625 with market rents at $850-$900

Current rents are well below market, giving the next owner clear room to increase income and improve overall returns. Renovate the vacant unit and bring rents to market, or implement increases over time and improve cash flow strategically.
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