1310-1312 Quailbend,Kettering, OH 45429
Kettering, OH 45429
Description
Excellent opportunity to acquire a quality brick ranch double at 1310-1320 Quailbend Cr., Kettering, OH 45429. Built in 1977 with approximately 3,304 total sq. ft., this property has enjoyed long-term tenancy and very little turnover. Both units feature 2 bedrooms, 2 full baths, formal living and dining rooms, family rooms with wood-burning fireplaces, primary bedrooms with private baths and walk-in closets, private patios and attached garages. 2-car garage unit: Currently $1,200/month; estimated market rent approximately $1,500/month. 1-car garage unit: Currently $1,150/month; estimated market rent approximately $1,300/month. CURRENT INCOMECurrent gross rent: $2,350/monthCurrent annual gross rent: $28,200 ESTIMATED MARKET RENTPotential gross rent: $2,800/monthPotential annual gross rent: $33,600 This represents approximately $5,400 per year in potential additional gross rental income based upon estimated market rents. ANNUAL OPERATING EXPENSESReal Estate Taxes: $5,954Insurance: $2,316Management: $2,900Repairs: $4,205Exterior/Landscaping Service: $3,600Materials: $200 Total Reported Operating Expenses: $19,175 The $3,600 exterior/landscaping expense provides year-round property maintenance and includes snow plowing and salting, spring clean-up, new mulch and bed clean-up, trimming, and fall clean-up. Tenants pay their own water and trash.
Details
| MLS # | 969271 |
|---|---|
| Listing Type | For Lease |
| Status | Pending |
| Year | 1977 |
| Days On Site | 18 |
| Listing Provided By | Howard Hanna Real Estate Serv | Benita J Wenzler |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,304 |
| Acreage | 0.44 |
Taxes
| Property | 5954 |
|---|
Area Information
| State | OH |
|---|---|
| County | Montgomery |
| City | Kettering |
| Zip Code | 45429 |
| Area | Montgomery |
| Community Name | Foxdale |
| School District | Kettering |
| Listing VS Median (in Foxdale) | |
Price: $355,000 low | high Med: $369,900 sqft: 3,304 low | high Med: 3,108 $ / sqft: $107 low | high Med: $119 On site: 18 low | high Med: 1 | |
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Learn More About This Property
| State | OH |
|---|---|
| County | Montgomery |
| City | Kettering |
| Zip Code | 45429 |
| Area | Montgomery |
| Community Name | Foxdale |
| School District | Kettering |
| Listing VS Median (in Foxdale) | |
Price: $355,000 low | high Med: $369,900 sqft: 3,304 low | high Med: 3,108 $ / sqft: $107 low | high Med: $119 On site: 18 low | high Med: 1 | |