Newer Built 2 Bedroom BRICK BEAUTY
$54,900.00Price
If you’re looking to build a firm foundation for your real estate investment property portfolio. Look NO further. This Newer Built 2 Bedroom BRICK BEAUTY ticks every spot for the serious investor. Located in an area that is heavily owner occupied with recent comparable sales selling in the $80,000+ range.
This turnkey property is also located within a 2min drive of Roosevelt Blvd where local shops and other amenities can be found along with the main office of Ohio Cashflow.
The work being completed includes: major internal overhaul, exterior repairs and many more updates!
When we think of major employers In Middletown, 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 Attached
Property Type: Residential
Property Market: Middletown
Lot Size: 5,044 sq ft
Square Footage: 1,609 sq ft
Bedrooms: 2
Bathrooms: 2
Car: Off-Street Parking
Property Pro-Forma Details
Monthly Rent: $725
Annual Rent: $8,700
Annual Net Return: $6,104
Cap Rate: 11%
Annual Expenses
Property Tax: $1,400
Insurance: $500
Management: $696