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Foreclosed Home, Renovated by City, Now for Sale

DAYTON -- A once-foreclosed and vacant home, now renovated, is one of the many properties returned to productive use through the city of Dayton's Neighborhood Stabilization Programs.

A ribbon-cutting and open house will be held at 2 p.m. Wednesday to celebrate the home’s transformation.

The three-bedroom, 2 1/2 bath brick ranch at 1607 Wabash Avenue (in the Mount Vernon neighborhood) has energy-efficient windows, a wood-burning fireplace, remodeled kitchen and baths and new energy-efficient mechanical systems and appliances.

The homes was foreclosed on in August 2008 and acquired by the CityWide Development Corporation, the City of Dayton’s development partner, in September 2011.

In 2008 and 2009, the City of Dayton was awarded more than $25 million in federal Neighborhood Stabilization Program funds, to be used for property acquisition, rehabilitation and demolition, as well as construction of new housing in targeted areas.

The Wabash Avenue property is available for sale, at $110,000. For more information, contact Erica Hubler at 937-853-2545, or go to www.liveindayton.org.

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