14 16 N Sutphin St,
Middletown OH, 45042
Description
This updated brick ranch duplex is a great add to any investor portfolio. Built in 1995, Unit 14 is rented to a stable tenant and Unit 16 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
Details
| MLS# | 835717 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1995 |
| Days On Site | 34 |
Features
| SQ Feet | 1,856 |
|---|---|
| Building(s) | 1 |
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Learn More About This Property
| Area Information | |
|---|---|
| State | OH |
| County | Butler |
| City | Middletown |
| Zip Code | 45042 |
| Area | Butler |
| Listing VS Median (in 45042) | |
Price: $139,000 low | high Med: $139,900 SqFt: 1,856 low | high Med: 1,140 $ / SqFt: $75 low | high Med: $123 On Site: 34 low | high Med: 19 Sourced by Back At You | |
MLS Number: 835717Listing Provided By:
Bethany L Yost of Equity LLC