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!
Details
| MLS # | 962736 |
|---|---|
| Listing Type | For Sale |
| Status | Pending/show For Backup |
| Year | 1914 |
| Days On Site | 94 |
| Listing Provided By | NavX Realty, LLC | Mark J Peebles |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 4,674 |
| Basement | Y |
| Acreage | 0.16 |
Taxes
| Property | 1710 |
|---|
Area Information
| State | OH |
|---|---|
| County | Butler |
| City | Middletown |
| Zip Code | 45044 |
| Area | Butler |
| Community Name | Middletown |
| School District | Middletown |
| Listing VS Median (in Middletown) | |
Price: $225,000 low | high Med: $189,500 sqft: 4,674 low | high Med: 1,104 $ / sqft: $48 low | high Med: $172 On site: 94 low | high Med: 8 | |
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Learn More About This Property
| State | OH |
|---|---|
| County | Butler |
| City | Middletown |
| Zip Code | 45044 |
| Area | Butler |
| Community Name | Middletown |
| School District | Middletown |
| Listing VS Median (in Middletown) | |
Price: $225,000 low | high Med: $189,500 sqft: 4,674 low | high Med: 1,104 $ / sqft: $48 low | high Med: $172 On site: 94 low | high Med: 8 | |