Four-unit multifamily investment opportunity with strong value add potential. Each of the four units is currently configured with 2 bedrooms and 1 bathroom and a functional layout suitable for long term rental or a repositioning strategy. Property requires updates and is being sold as is, where is, with no seller repairs, making it well suited for an investor or rehab project.Each unit is reported to include a range, refrigerator, dishwasher, washer, and dryer. Existing mechanicals and electric water heaters are located within the building. Exterior features include small rear patio areas with side partition fencing; patio areas remain open between sections. The property shares a driveway with the adjacent building and is estimated to provide approximately 7 off street parking spaces.This asset presents an opportunity for renovation and lease up in a multi unit configuration with established utility and layout fundamentals in place. Buyer and buyer’s broker to conduct their own due diligence and to verify all information, including square footage, unit mix, condition, current and future use, rents, zoning, and any potential improvements, to their own satisfaction.Located in Moraine, the property offers a practical setting with access to local amenities, employment centers, and major transportation routes.
Listed By
Agency Name: Ascent Real Estate Advisors
Agency Phone: (937) 694-7762
Shown By
Agent Name: Joyce Lightner Gheen
Agent Phone: (937) 335-5741
Agency Title: Garden Gate Realty
Estimated Payment
$ 468.60 per month $411.28 Principal & Interest $3.42 Property Tax $53.90 Homeowner's Insurance
5253 Lamme Road | MLS# 953802
This multi-family property located at 5253 Lamme Road, Moraine, OH 45439 is currently listed for sale with an asking price of $184,800. Lamme Road is located within the West Carrollton school district. Search Moraine real estate on joycegheen.gardengaterealty.com today.