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$ 225,000
Est. payment /mo
Pending
2101 Central Avenue Middletown, OH 45044
6 Beds
3 Baths
4,674 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Pending
Purchase Type For Sale
Square Footage 4,674 sqft
Price per Sqft $48
MLS Listing ID 962736
Bedrooms 6
Full Baths 3
Year Built 1914
Annual Tax Amount $1,710
Lot Size 6,912 Sqft
Lot Dimensions 46x150
Property Sub-Type 2-4 Units
Property Description
Fabulous, well-maintained multi-family investment at 2101 Central Ave in Middletown! This versatile property features three residential units plus a commercial space with a long-term salon tenant ($650/month on a one-year lease). The property has been in the family for nearly 50 years and the owner has lived in Unit A for the past 5 years, making this an ideal owner-occupant opportunity with immediate cash flow. The upstairs residential unit has been beautifully redone in the last couple of years. Two additional residential units generate $800/month each on month-to-month leases. Roof replaced approximately five years ago. Basement laundry facilities offer coin-op potential for added revenue. Rear parking adds tenant and customer convenience. Plenty of upside for the savvy investor! Ask about a possible low-cost management arrangement that could provide exceptional value to a new owner. Don't miss this incredible investment!
Location
State OH
County Butler
Zoning Residential,Commercial
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling Central
Exterior
Parking Features None
Building
Structure Type Brick
Schools
School District Middletown
Listed by NavX Realty, LLC