13 days on rocket

3346 Germantown St, Dayton, OH, 45417

$420,000

Home List Price

$4,988*

Closing Credit

17 Bedrooms
20 Full Baths
3,900 SqFt
$108/SqFt
Multi
Schools Nearby

Location

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3346 Germantown St, Dayton$420,000

Buyer Closing Credits

$4,988*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1930
HeatingForced Air, Natural Gas
CoolingWall Unit(s)
BasementYes
MLS #909063
Lot Size0.22 Acres
StatusActive

About 3346 Germantown St

This property is for sale by online auction only. Auction is live and ends 7:07 PM on 5/23/2024. List price is opening bid. Calling all investors looking for a great value add project with huge upside. 3340 Germantown is a rare find having a total of 20 units and a commercial space with a total of 3 parcels in all. The main building consists of 16 one bedroom/one bathroom units, 8 of the units in the main building are currently being leased or actively being marketed to be leased, but 8 of the units in the main building were unfortunately affected by a fire last year and will need rehabbed. This will require a new roof over the 8 units that were affected. Demo and cleanout have already been completed in all 8 units and new plumbing has already been ran to all 8 units. Only 3 of those units will need a complete rehab as the fire was contained in one unit. 5 units will not need a complete rehab and only require cosmetic rehab. This 16 unit building was completely rehabbed in 2021 and was a well performing cash cow. These buildings offer shared laundry facilities. Each tenant is responsible for their own gas and electric and the utilities in the main building are separated. Water and trash are paid by the owner with a fee charged back to the tenants. The mixed use commercial building has 4 total units, 3 studios and 1 one bed/one bath with two of them rent ready and in great condition and one of them occupied. The other two units will need a medium rehab completed to be rentable. The lower level has a large commercial area that could be rehabbed and rented out or transitioned into additional living units. It is ready for rehab currently. Total rehab estimate needed is approximately $100,000-$150,000. This is a great value add opportunity with enormous upside and the absolute potential to brrrr out of it very effectively. Parcels: R72 13315 0003, R72 13315 0006, and R72 13315 0004 all must be bought together. Financials based on "pro-forma" and not actual

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 3,900 SqFt

Listing Office:

  • Office Name: Agora Realty Group
  • Listing Agent: Craig D Kellogg

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 20
  • Total Bedroom Count: 17

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Dunbar High School, Public District Grades 9-12
  • Wogaman Middle School, Public District Grades 7-8
  • Westwood PreK-6 School, Public District Grades PK-6

Other

Directions Information:

  • Directions: right on gettysburg ave from free pike. left onto germantown street, property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $420,000
  • Price Per SqFt: $108/SqFt

Tax Information:

  • Annual Amount: $1,516
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Dayton, OH.

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Dayton, OH

City

Med. Sold Price

$183.1K

Med. Price/SqFt

$127

Avg. Days On Market

60

# of Sold Homes

434

3346 Germantown St vs Dayton

13 DAYS ON ROCKET

-47 Days

$420,000

+$236.8K More

$108/SqFt

-$19 Less

KEY TAKEAWAY

This property is $236.8K more than the Median Sold Price and $19/SqFt less than other homes in Dayton, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Dayton Area Board of REALTORS®
  • MLS Number: #909063

Listing Office:

  • Office Name: Agora Realty Group
  • Listing Agent: Craig D Kellogg

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 13, 2020Home Sold
$295,000
Jan 29, 2019Home Sold
$340,000
Jan 29, 2019Home Sold
$433,333

Tax History

YEARPROP. TAXASSESSMENT
2020$1,516$11,700
2019$1,515$10,700
2018$1,519$10,700
2017$1,517$10,700

History based on county public records data.

Payment Calculator

$2,164

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5051579
3
/10

  • Westwood PreK-6 School

  • 2805 Oakridge Dr

  • 1.67 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5051580
3
/10

  • Wogaman Middle School

  • 920 Mcarthur Ave

  • 0.62 miles

  • Public District Grades 7-8

High School

school-card-donut-5051581
2
/10

  • Dunbar High School

  • 1400 Albritton Dr

  • 0.92 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,819. The most common annual income of people living in Dayton, OH is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Montgomery County›Dayton›45417›3346 Germantown St

This home is located at 3346 Germantown St in Dayton, OH and zip code 45417 in the Highview Hills neighborhood. This 3,900 square foot home, which was built in 1930, sits on a 0.22 acre lot. Features: 17 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $420,000.

While more than 152 listings in Dayton, OH in April 2024 were sold above asking price, there were more than 90 listings sold at asking price, and more than 192 were sold below. Between March 2024 and April 2024, Dayton, OH real estate market has seen increase in the number of listings by 6.6%. Listings spent 60 days on the market in April 2024, and had a median list price of $183,196 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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