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$259,900
Est. payment /mo
9 Beds
4 Baths
6,802 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,802 sqft
Price per Sqft $38
MLS Listing ID 957141
Bedrooms 9
Full Baths 2
Half Baths 2
Year Built 1974
Annual Tax Amount $2,228
Lot Size 5,153 Sqft
Lot Dimensions 45 x 115
Property Sub-Type 5+ Units
Property 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.
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.
Location
State OH
County Butler
Zoning Residential,Commercial
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features None
Building
Structure Type Brick
Schools
School District Middletown
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Listed by Agora Realty Group
Nearby Locations
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The Woodrow Group At Realistar
Broker | License ID: 658008071
Broker License ID: 658008071