Listed By
Agency Name: Coldwell Banker Heritage
Agency Phone: (937) 748-5500
Shown By
Agent Name: Erica Britton
Agent Phone: (330) 612-2405
Agency Title: Cutler Real Estate
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Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central
Days on Market: 5
Garage: 1
Heating: Natural Gas
Lot Size: 0.11 Acres
Taxes: $988
Year Built: 1935
Feature Descriptions
Basement Features: Unfinished
Exterior: Aluminum
Garage Features: 1 Car
Local Schools
School District: Dayton
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Estimated Payment
$ 780.49 per month $660.27 Principal & Interest $82.33 Property Tax $37.89 Homeowner's InsuranceChange Payment Information
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40 Maylan Drive | MLS# 959080
This multi-family property located at 40 Maylan Drive, Dayton, OH 45405 is currently listed for sale with an asking price of $129,900. Maylan Drive is located within the Dayton school district. Search Dayton real estate on ebritton.cutlerhomes.com today.