🏘️ 4 Unit Investment Opportunity - Middletown 🏘️

Butler County, Middletown, OH, 45044
Sold
Listed at: September 27th, 2021
Price
$64,200
ARV
$210,000
Gross Margin
$145,800
Sq. Footage
3200
Type
Multifamily
Parking
Off street
Year build
1896
Lot size
acres
Bedrooms
4
Bathrooms
4
Half Bathrooms
0
Summary

**Can Cashflow well at a low buy-in**


4 Units:

All 1 bed / 1 bath units


ARV: $210,000

Asking $64,200

Market Rent is $600-$700 per unit


*2 Units Up/ 2 Units down.

*Currently Vacant - Needs full Rehab

*One gas furnace in basement; 2 gas meters; power is off, service is disconnected

*One water heater in basement

*Water is off

*Alot of electrical missing

*Roof leaks and is missing downspouts

*Damp basement

*Vacant lot (seperate parcel - 1608 Philadelphia Ave) goes with this parcel for parking

*Some Windows need replaced

*Can be sold seperately, or as part of a package with 15 and 17 Garfield St. and xtra lot. Package pricing for all 4 parcels $160,000.00.


*No back taxes or liens!

*Quick close! Cash Only! Must be able to close within 7-10 days!! 

*NO rent to own, NO owner financing, NO payments. 

 *Do your due diligence and submit your HIGHEST and BEST offers.


NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT OF Wholesale Properties Depot. Any property information received by you is proprietary information belonging to Real Estate Solutions Unlimited, Inc. and its affiliates (“Wholesale Properties Depot” or “All Ohio Home Buying, LLC”). All Properties are currently under Contract to All Ohio Home Buying, LLC . Any transaction consummated by you will be pursuant to an assignment of All Ohio Home Buying, LLC’s Contract. Any unauthorized contact will be considered intentional interference with a Contract and may result in legal action being taken against you. Buyer must do your own due diligence. Wholesale Properties Depot provides only estimated repair costs and property values. This property is sold as-is and All Ohio Home Buying, LLC makes no warranty of any kind. Determining value is the buyer’s responsibility and any reference to the value of the property by Wholesale Properties Depot is just an opinion of value.

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

Cortney Erisman

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Disposition manager