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. Investors/Developers take notice of this amazing opportunity with a combined 11 parcels of land equating to half of the street block with a total of 1.68 acres and two homes in the heart of Riverside with the ability to provide a great return on investment. One home has been completely rehabbed with great tenants in place and the other home is in need of a complete rehab or tear down depending on the plans. Previous owners had all 11 parcels re-zoned by the City of Riverside to R-3 allowing for a housing development with higher density available or multiple other possibilities. The city is cooperative and would like to see the parcels redeveloped to help beautify the area and create additional housing in the City. The possibilities are endless or the 2nd home could be rehabbed for additional income. Previous owner can provide the renderings of a previous plan if desired. All utilities including city water/sewer, electric and gas are on site.
2245 Valley Pike is completely rehabbed with current tenants paying $950 in a lease until 8/24/24. This 2 story 868 Sq/ft home consists of 3 bedrooms and 1 ½ bathrooms with a large unfinished basement. 2249 Prince Albert sits on a large lot and the house is currently vacant and in need of a complete rehab. It has a large living room and dining area with 3 bedrooms and 1 bathroom, it also offers a fenced in backyard and shed. All 11 parcels must bust be bought together: I39100710 0062, I39 00710 0061, I39 00710 0060, I39 00710 0059, I39 00710 0058, I39 00710 0057, I39 00710 0056, I39 00710 0055, I39 00710 0054, I39 00720 0053, I39 00710 0052.
Property Type(s):
Single Family
Last Updated
4/19/2024
Tract
Rohrers Little Farms
Year Built
1930
County
Montgomery
SCHOOLS
School District
Dayton
Additional Details
AIR
Central Air
AIR CONDITIONING
Yes
BASEMENT
Unfinished, Yes
BUYER'S BROKERAGE COMPENSATION
2%
CONSTRUCTION
Frame
HEAT
Electric
LOT
1.6775 acre(s)
LOT DIMENSIONS
245x160
STORIES
1
SUBDIVISION
Rohrers Little Farms
ZONING
Residential
Location
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Listing provided by Craig D Kellogg, Agora Realty Group
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Home Experts Realty are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database.
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