2101 Central Avenue, Middletown, OH 45044

Property Description

Fabulous, well-maintained multi-family investment at 2101 Central Ave in Middletown! This versatile property features three residential units plus a commercial space with a long-term salon tenant ($650/month on a one-year lease). The property has been in the family for nearly 50 years and the owner has lived in Unit A for the past 5 years, making this an ideal owner-occupant opportunity with immediate cash flow. The upstairs residential unit has been beautifully redone in the last couple of years. Two additional residential units generate $800/month each on month-to-month leases. Roof replaced approximately five years ago. Basement laundry facilities offer coin-op potential for added revenue. Rear parking adds tenant and customer convenience. Plenty of upside for the savvy investor! Ask about a possible low-cost management arrangement that could provide exceptional value to a new owner. Don't miss this incredible investment!