Listed By
Agency Name: BHHS Professional Realty
Agency Phone: (937) 306-6181
Shown By
Agent Name: Krista Combs
Agent Phone: (330) 603-2823
Agency Title: Cutler Real Estate
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Property Description
Income-producing student rental near the University of Dayton with leases secured for two academic years! 120 Fairground Avenue offers approximately $70,000 in contracted gross rent for the current academic year and $60,000 for the following year, providing investors with established rental income and advance leasing visibility.Three full bathrooms, a finished basement, a detached garage, and a spacious fenced backyard complement a location close to campus just steps from Brown Street. The finished lower level adds flexible usable space, with potential for further improvements and code-compliant egress, subject to applicable permits and approvals.With approximately $130,000 in combined contracted gross rent across two academic years, this property offers an opportunity to acquire an operating student rental with future leasing upside in Dayton’s university rental market. Lease agreements and supporting rental documentation are available for review once under contract.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Cooling: Central
Days on Market: 3
Garage: 2
Heating: Forced Air, Natural Gas
Lot Size: 0.11 Acres
Stories: 2.0
Taxes: $2,783
Year Built: 2003
Feature Descriptions
Appliance Features: Cooktop, Dryer, Range, Refrigerator, Washer
Basement Features: Finished, Full
Exterior: Wood
Garage Features: 2 Car, Detached
Lot Dimensions: irregular dimensions
Room Sizes
Bedroom: 14 X 12 Level - Second
Bedroom: 12 X 12 Level - Second
Bedroom: 12 X 12 Level - Second
Living Room: 15 X 15 Level - Main
Rec Room: 15 X 35 Level - Basement
Local Schools
School District: Dayton
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Estimated Payment
$ 3,892.81 per month $3,480.65 Principal & Interest $231.92 Property Tax $180.25 Homeowner's InsuranceChange Payment Information
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120 Fairground Avenue | MLS# 970892
This single family home located at 120 Fairground Avenue, Dayton, OH 45409 is currently listed for sale with an asking price of $618,000. This property was built in 2003 and has 3 bedrooms and 3 full baths with 2438 sq. ft. Fairground Avenue is located in the City-Dayton Rev subdivision within the Dayton school district. Search City-Dayton Rev real estate on www.kristacombs.com today.