Description
Turn-key or value add investment dream. This all brick construction, high-performing investment property is generating approximately $5,000/month through its current room rental setup. This multi-level building offers immediate cash flow with additional upside for investors looking to maximize returns. The upper levels are currently configured for room rentals, providing consistent income, while the lower level offers a flexible space that can be utilized for commercial or business use. For those seeking to increase long-term revenue, there is strong potential to convert the lower level into additional residential units, creating a fully apartment-style property. Whether you're looking to continue operating as-is for steady income or reposition the asset for higher rents and appreciation, this property offers multiple strategies to fit your investment goals.
Details
| MLS # | 957141 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1974 |
| Days On Site | 145 |
| Listing Provided By | Agora Realty Group | Craig D Kellogg |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 6,802 |
| Acreage | 0.12 |
Taxes
| Property | 2228 |
|---|
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: $259,900 low | high Med: $192,450 sqft: 6,802 low | high Med: 1,413 $ / sqft: $38 low | high Med: $140 On site: 145 low | high Med: 63 | |
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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: $259,900 low | high Med: $192,450 sqft: 6,802 low | high Med: 1,413 $ / sqft: $38 low | high Med: $140 On site: 145 low | high Med: 63 | |