14 16 N Sutphin ST, Middletown, OH$139,000
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Stephanie NolandStephanie Noland Profile PhotoPhone: (937) 665-1812
Fax: (937) 306-1370
Cell: (937) 451-0978
Bethany L Yost LogoListing Provided By:
Bethany L Yost of Equity LLC
SQ Feet:1,856
strong>Golf Course:
Status:Pending - Show
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This updated brick ranch duplex is a great add to any investor portfolio. Built in 1995, Unit 16 is rented to a stable tenant and Unit 14 is vacant for showings and ready for your new tenant. Easy to rent, property has been a consistent performer for the seller. Based on 2020 performance, this property has an 11.5% return on cash (financed) and an 8% cap rate. New roof 2019. Heavy fence with gates in front. Convenient back parking. In unit laundry hookups. Extra storage shed.Tenant paid utilities and lawncare. Consistent performer, easy to rent. One side vacant for showing. Unit 14 had complete update 2016 -- kitchen counter and vinyl flooring, new toilet, complete new paint and other cosmetic improvements, new furnace 2018, new HWH 2018, dishwasher 2019. Unit 16 -- updated and in excellent condition
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