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$ 445,000
Est. payment /mo
Active
488 N Jay Street West Milton, OH 45383
0.29 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225022141
Year Built 1963
Annual Tax Amount $1,385
Lot Size 0.290 Acres
Lot Dimensions 0.29
Property Sub-Type Townhouse
Source Columbus and Central Ohio Regional MLS
Property Description
This low-maintenance, income-generating 4-unit building features four spacious 2-bedroom apartments, each with in-unit washer/dryer hookups. Currently fully occupied with mostly long-term tenants, the property brings in $3,500/month gross in total rental income. Tenants are responsible for all utilities except trash.
Recent upgrades include three brand-new electric panels and full electrical updates brought to code as of April 2023. One Fully Renovated unit in 2025. The building also had a recent a full roof tear-off and replacement, along with newer gutters installed on the rear side. A new concrete parking pad was poured in 2022.
Additional improvements over time include updated windows, sliding glass doors, and blown-in attic insulation for improved energy efficiency. Property is being sold in as-is condition—an excellent opportunity for investors looking to add a solid asset to their portfolio.
Recent upgrades include three brand-new electric panels and full electrical updates brought to code as of April 2023. One Fully Renovated unit in 2025. The building also had a recent a full roof tear-off and replacement, along with newer gutters installed on the rear side. A new concrete parking pad was poured in 2022.
Additional improvements over time include updated windows, sliding glass doors, and blown-in attic insulation for improved energy efficiency. Property is being sold in as-is condition—an excellent opportunity for investors looking to add a solid asset to their portfolio.
Location
State OH
County Miami
Area 0.29
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Milton Union Evsd 5505 Mia Co.
School District Milton Union Evsd 5505 Mia Co.
Others
Tax ID L39011630
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Andrew C Wade Roby Realty