1042 Shakespeare Avenue, Dayton, OH 45402

Property Description

This charming 1.5-story bungalow presents a premier opportunity for an investor seeking a turn-key property with immediate cash flow. From the moment you arrive, the home’s classic architecture stands out, featuring a deep, full-width front porch supported by robust brick pillars—an inviting space that adds significant curb appeal. The exterior is anchored by a solid roof, approximately 10–15 years old, providing the mechanical peace of mind essential for a low-maintenance investment. Inside, the main floor offers a versatile layout designed for comfortable living. A spacious living room, anchored by a decorative fireplace mantel, flows naturally into a secondary family room, creating a generous footprint for relaxation or entertaining. The functional galley-style kitchen is equipped with updated countertops and ample cabinetry, offering a bright workspace for the home’s occupants. Upstairs, the home features two well-proportioned bedrooms and a full central bathroom. The potential continues into the lower level, where a partially finished basement with classic wood paneling offers extra living space. This area includes the added convenience of a half bathroom, making it an ideal spot for a home office, hobby room, or additional storage. The property is currently tenant-occupied at a rate of $975 per month, new 12 month lease effective 3/1/2026. With an occupant who is settled and explicitly wishes to remain long-term, this is a truly "set and forget" asset for a savvy landlord. Skip the vacancy period and marketing costs and step directly into a performing investment in a proven neighborhood. For showings, it is necessary to schedule with the resident and a 24-hour notice is required. A longer lead time would be appreciated, when possible.