Incredible turnkey investment opportunity with massive value-add potential! This cash-flowing Middletown duplex features stable, long-term tenants already in place, generating $2,500 in gross monthly income ($1,200 and $1,300 units)or you can choose to live in one unit and let the other offset your mortgage! The upstairs unit has been recently fully renovated, and the roof was replaced in 2020, minimizing your immediate cap-ex. Looking for instant equity? The full basement features a separate entrance and already includes a kitchenette and full bathroom, offering the perfect setup to easily build out a 3rd income-producing unit. Exterior amenities include a 2-car detached garage and a fenced-in patio space. Unbeatable locationjust minutes from the restaurants on Central Ave and a quick 10-minute drive to I-75. Don't disturb tenants. Call to schedule your tour or more information
Features
5 bedrooms
2 bathrooms
directions_car2 carspaces
directions_car2 garage spaces
2841 sq. ft. floor area
crop_free5698 sq. ft. lot size
cottageMulti-Family
Property history for 7 N Sutphin St
2018
Sold
$127,000
05 Jan 2018 by Ashley Holbrook, of Coldwell Banker Heritage
Happy sellers in Middletown
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Local market activity for 5 bedroom multi families in Middletown
Sold
For Sale
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