1554-56-58-60 Willamet,Kettering, OH 45429
Kettering, OH 45429
Description
Stabilized brick asset in the heart of Kettering featuring a massive "rent gap", while currently yielding steady income with long term tenants. This property is primed for a "market to market" strategy that can increase gross revenue by 40% with minor cosmetic updates. Invest in a recession - proof US Military - corridor market, Wright-Patterson Air Force Base. Why WILLAMET ROAD? Location stability: 15 minutes to Wright-Patterson AFB, (huge tenant pool). Convenience: Less than 2 miles to the Greene Shopping & dining. High demand area: Zip Code 45429 is one of the most supply-constrained rental pockets in the Dayton MSA. Multiple improvements: Upgraded carport drainage (in 2024 a new drainage system preventing water from pooling and freezing totally mitigating fall hazards) and added motion sensor lights improving nighttime visibility and safety. New household appliances: two units with new water heaters, two AC wall units, one with new range, two units have new microwaves, one new furnace, one has building owner washer /dryer and partially furnished. New gutters; high quality (Monolithic gutters in 2025). General repair: new toilet, bathtub plumbing replaced, 2 kitchen faucets replaced, front steps concrete landing installed in 2024, rebuilt handrails for safety, fluorescent lighting installed, furnaces cleaned and serviced annually, lawn cared for annually. Units 1554 and 1560 each have a Radon System installed. In general, the property has been well maintained throughout the years. Long term tenants take great care of their units, and all would like to stay.
Details
| MLS # | 955404 |
|---|---|
| Listing Type | For Sale |
| Status | Pending/show For Backup |
| Year | 1964 |
| Days On Site | 163 |
| Listing Provided By | RE/MAX Victory + Affiliates | M. Larry Lemonds |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,432 |
| Car Port | Yes |
| Acreage | 0.28 |
Taxes
| Property | 7664 |
|---|
Area Information
| State | OH |
|---|---|
| County | Montgomery |
| City | Kettering |
| Zip Code | 45429 |
| Area | Montgomery |
| Community Name | Tudor Park |
| School District | Kettering |
| Listing VS Median (in Tudor Park) | |
Price: $399,900 low | high Med: $399,900 sqft: 2,432 low | high Med: 2,432 $ / sqft: $164 low | high Med: $164 On site: 163 low | high Med: 163 | |
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Learn More About This Property
| State | OH |
|---|---|
| County | Montgomery |
| City | Kettering |
| Zip Code | 45429 |
| Area | Montgomery |
| Community Name | Tudor Park |
| School District | Kettering |
| Listing VS Median (in Tudor Park) | |
Price: $399,900 low | high Med: $399,900 sqft: 2,432 low | high Med: 2,432 $ / sqft: $164 low | high Med: $164 On site: 163 low | high Med: 163 | |