41-43 Fernwood Ave
Dayton, OH, 45405
DUPLEX
Rehab Needed: $25,000-$30,000
ARV: $133,000
Watch The Following Walkthrough Video!
Bedrooms: 6
Bathrooms: 2.0
Stories: 2
Basement: Full/Unfinished
Square Feet: 2,152
Lot Size: 0.13 Acre
Garage: None
Year Built: 1920
This listing highlights a duplex property, currently configured as a single-family home, but with significant potential for conversion back to a duplex. Occupying a 0.13-acre lot, this 2,152 square-foot, two-story building, built in 1920, includes six bedrooms and two bathrooms (three bedrooms and one bathroom per unit).
To convert it back to a duplex, it requires re-establishing separation between the two living areas. This involves walling off the small walkway between the two living rooms, walling off the kitchen, and walling off a small section upstairs. Additionally, the second stairwell on the right side needs to be reopened to facilitate independent access for each unit.
The property features a 3-dimensional asphalt roof, which is a durable and visually appealing choice. All windows are vinyl replacements. For security purposes, some of the first-floor windows have been boarded up, but underneath, these windows are in full working order.
Interior-wise, the duplex has hardwood floors throughout, which remain in good condition.
Each unit is equipped with its own central air conditioning and HVAC unit, ensuring comfortable living conditions year-round. This dual-system setup is ideal for a rental property, offering separate utilities for each unit.
In terms of exterior work, the property's rear vinyl siding needs replacement due to previous fire damage. Additionally, the remnants of a burned-down garage in the back need to be removed.
Completing the conversion to a duplex primarily involves the aforementioned walling off, making this a straightforward project with a clear path to adding value. This property presents a lucrative opportunity for investors or buyers looking to capitalize on the flexibility and potential of a duplex in a desirable location.
Address
154 N Woodward Ave
830 Upland Ave
23 Upper Ave
Sales Price
$63,000
$95,000
$82,500
Sales Date
10/21/2022
08/02/2022
9/27/2022
Distance Away
0.4 Miles
.99 Miles
0.7 Miles
Square Feet
1,280
1,568
1,320
Year Built
1905
1948
1930
Beds/Bath
3/1.0
4/2
3/1
Address: 154 N Woodward Ave
Sales Price: $63,000
Sales Date: 10/21/22
Distance Away: 0.4 Miles
Square Footage: 1,280
Year Built: 1905
Bed/Bath: 3 / 1.0
Address: 830 Upland Ave
Sales Price: $95,000
Sales Date: 8/2/22
Distance Away: .99 Miles
Square Footage: 1,568
Year Built: 1948
Bed/Bath: 4 / 2
Address: 23 Upper Ave
Sales Price: $82,500
Sales Date: 9/27/2022
Distance Away: 0.7 Miles
Square Footage: 1,320
Year Built: 1930
Bed/Bath: 3/1