4534 Bonita Drive, Middletown, OH 45044
- $1,076,000
- 12,792
- SqFt
- Sold Price
- $1,076,000
- List Price
- $1,100,000
- Status
- SOLD
- MLS#
- 1800802
- Closing Date
- May 02, 2024
- Lot Size
- 61,084
- Levels
- Two
- Region
- Butler-W19
Property Description
Beautiful, income producing 20-unit apartment complex on a quiet, residential street with an ideal location close to I75 between Cincinnati and Dayton. Property is cash flowing with all units occupied, except one left vacant for showings. Owner and property manager have spent the past year carefully screening and selecting tenants, replacing any problem tenants for the next owner. Due to the high-demand location, there is never a problem filling vacancies. There is still plenty of room to raise rents to market rent. Tenants pay their own electric and owner is reimbursed for water. Property is professionally managed by Northpoint Asset Management, who are open to staying on as the property manager for the next owner.
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Additional Information
- Acres
- 1.40
- Construction
- Brick, Wood Siding
- Roof
- Shingle
- Basement Desc
- None
- Garage Desc
- None
- Garage Spaces
- 20
- Cooling
- Central Air, Window Unit
- Heating
- Electric
- Sewer
- Public Sewer
- Water
- Public
- School District
- Middletown City SD
Mortgage Calculator
Courtesy of Maxwell Wechter with Outside The Box Real Estate
Courtesy of Maxwell Wechter with Outside The Box Real Estate
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