Average square foot calculated using Size range provided by listing agent.
Description
Prime Riverfront Multi-Unit Gem in Middletown: 4 Units. Discover this prime multi-unit investment at 1116 S. Main St., Middletown, OH! Bordering the Great Miami River (not in flood plain), this commercial-zoned property, owned 35+ years, includes a main house with Units A (3BR/2BA, central air, $500/mo, 20+ yr family tenant under-rented), B (3BR/1BA, central air, $700/mo), C (1BR/1BA, $450/mo), and rear Unit E (2BR/1BA cottage, $500/mo, multi-yr family tenant under-rented). All tenants on flexible month-to-month leases. Total rent: $2, 150/mo; huge upside potential.Landlord pays water, trash, gas for hot water; units separately metered, hot water on own gas meter. Across from Middletown HS football field. Features 30x40 2-story 5-car garage (separate 200-amp meter, convertible to unit).Upgrades: Furnaces (2023), hot water tank (2022), Unit E metal roof (2015), main house shingles (2016), garage roof (2024).Convertible to 7BR/3BA single-family home. Riverfront opportunity awaits!Show Description
MLS® Number2433849
Laundry Level
Central VacNo
FireplaceNo
Acreage0.63
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
HeatForced Air-Gas, Baseboard-Electric
A/CCentral Air, Window Unit(s)
Heating Fuel
Extras
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