Vacant SFH in Middletown - Flip or Buy n Hold

Butler County, Middletown, OH, 45044
Sold
Listed at: March 25th, 2022
Price
$56,000
ARV
$135,000
Gross Margin
$79,000
Sq. Footage
632
Type
Attached
Parking
Assigned
Year build
1927
Lot size
acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Great opportunity for a flip with ARV at $135,000 or a buy and hold! This property is vacant and ready for a new investor!

 

Starting Price: $56,000

 

Highlights:

·        Rent Rates - $850- $950

·        Property Taxes - $1,394.38 per year

·        1 car garage

 

Condition:

·        Basement - Full basement, no known foundation issues

·        Needs cosmetic rehab

·        AC - Window units

·        Furnace and Roof are older

 

 

Comps:

Cash Transactions

Flips

·        1919 Lamberton St, Middletown, OH 45044 – Sold: $134,850 – DOM:19

o  Condition: Renovated – No basement

·        2128 Fernwood St, Middletown, OH 45044. Sold price: $135,000. DOM: 1

·        1509 Carolina St, Middletown, OH 45044. Sold price: $125,000. DOM 3

·        1701 Highland St, Middletown, OH 45044. Sold price: $130,000. DOM: 1

Reminders!

·        Buyer pays closing cost

·        Closing - 3/30/2022

·        Title Company – Empora Title (Title work in progress)

·        Non -refundable EMD $1,500

  • ·        We will prioritize highest offers and offers with no contingencies


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

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