For Sale
$125,900

115 Springfield StDayton, OH 45403

Cash-flowing, fully occupied investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment property, located at 115 Springfield Street in Dayton, Ohio, presents a unique opportunity for savvy investors. The 1953-built structure encompasses a thriving restaurant on the ground floor and a residential apartment above, ensuring consistent rental income. The property sits on a substantial 10,018.8 square foot lot, providing ample space and potential for future development or expansion. Currently fully occupied and generating positive cash flow, this property offers immediate returns. The asking price is $125,900, translating to a price per square foot of $55.12. A significant advantage for the buyer is the seller's offer of one point at closing. This point can be utilized at the buyer's discretion – to lower the interest rate on financing, reduce the down payment, fund property upgrades, or simply receive a cash credit at closing. Financial statements are available upon request. This turnkey investment is ideal for those seeking a stable, income-producing asset in a desirable Dayton location. The property is zoned for its current use and is in compliance with all local regulations. This is a rare opportunity to acquire a well-maintained, cash-flowing property in a strong market. Don't miss out on this exceptional investment opportunity.

Highlights

  • 115 Springfield Street, Dayton, OH: Mixed-use investment property with restaurant and apartment, generating positive cash flow.
  • 10,018.8 sq ft lot, offering expansion potential.
  • Asking price: $125,900 ($55.12/sq ft).
  • Seller offering one point at closing for buyer's use (rate reduction, down payment, upgrades, or cash credit).
  • Fully occupied, zoned correctly, and compliant with local regulations.

Property Details for 115 Springfield St

Property type
Specialty properties
Year Built
1953

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.7656616
Longitude
-84.1624528
115 Springfield St, Dayton, Ohio

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115 Springfield St
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