40 Maylan Drive

Dayton OH 45405

1300 sq. ft.

4901 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Seller intends to sell these two parcels as a package. 40 Maylan is a vacant standalone building that is zoned for an office building that can be repaired as an office and possibly turned into another unit generating additional income, 42,44, and 46 Maylan is a Triplex. Unit 42 on first floor has two 1-bedroom (has been there for over 16 years, pays $475/month plus_ $25 for garage) with a 1-year lease that ends 4/2027. Unit 44 tenant has been there for a few years, pays $554/month, on a month-to-month lease. Unit 46 upstairs is a 2-bedroom unit and pays $675/month on a month-to-month lease. All units have separate electricity. The building is heated with a boiler system (seller pays gas). The potential for a hands-on investor who can improve and update the property over time can allow them to increase rents and value substantially. Current gross rents exceed 20K and could be considerably more. Taxes and utilities are about $8600 (very cold winter in 2025). See agent's remarks for additional info.

Features

4 bedrooms

4 bathrooms

1 carspace

1 garage space

1300 sq. ft. floor area

4901 sq. ft. lot size

Multi-Family

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