Low Maintenance Home in Middletown, OH
$44,900.00Price
Check out the fantastic curb appeal of this awesome low maintenance 2 bed, 1 bath home in Middletown, Ohio. The turnkey property is located in the heart of Middletown and only 1 mile away from Downtown. The area has recently been cleaned up of blighted homes with federal and city grants to demolish older homes.
This turnkey property is also located around the corner from one of our recently sold duplexes.
The work being completed includes: kitchen upgrade, bathroom upgrade, plumbing repairs, electrical repairs, new carpet, interior paint new light fittings many more updates!
When we think of major employers, one as large as AK Steel is rare in a town of only 50,000. AK Steel employs 8,000 among their plants, over 3,100 of which are in Middletown. The benefit of investing in Middletown is being located directly between Cincinnati and Dayton and thus tenants can drive 15-25 mins either direction to have access to thousands of employers.
Details
Single Family Home
Property Type: Residential
Property Market: Middletown
Lot Size: 3,249 sq ft
Square Footage: 2,136 sq ft
Bedrooms: 2
Bathrooms: 1
Car: Detached Garage
Property Pro-Forma Details
Monthly Rent: $675
Annual Rent: $8,100
Annual Net Return: $6,242
Cap Rate: 14%
Annual Expenses
Property Tax: $710
Insurance: $500
Management: $648