π‘ Middletown, OH 45044 π
2 Bed / 1 Bath / 960 sqft + Full Unfinished Basement
ARV: $150Kβ$165K | Listed: $79,000 | $75,000 takes it today!
Strong Rental or BRRRR Opportunity
Whether youβre looking to cash flow right away or force equity through a light-to-moderate renovation, this one checks the boxes. Currently tenant-occupied for immediate income, with the flexibility to deliver vacant within 30 daysβ notice. Perfect for investors who want options.
πΈ Projected Rent (Post-Reno): $1,300β$1,500/mo
π₯ Cap Rate Potential: 8β9%+ depending on rehab scope
βοΈMeets 1% rule potential even with reno costs factored in
Property Details
β’ Roof: 6 years old
β’ Plumbing: No issues reported
β’ Electrical: New breaker box (3β4 years old)
β’ Foundation: No known issues
β’ HVAC: Gas heat, no AC (easy mini-split or central add)
β’ Interior: Needs full renovation
β’ Driveway (gravel) in back + street parking
Why It Works for Multiple Strategies
β’ Buy & Hold: Solid rental comps and cash flow in a stable tenant base market
β’ BRRRR: All-in under typical refi limits with strong appraisal potential
β’ Flip: ARV comps at $150Kβ$165K leave room for profit with the right budget
Recent Comps
β’ 2215 Pearl St β $165,900 (8/31/25)
β’ 1734 Meadow Ave β $164,000 (8/2/25)
π¬ Message for rent comps, rehab numbers, or to schedule a walkthrough.
Perfect addition to a rental portfolio or as a BRRRR project with multiple exit options.
Walkthroughs available today and tomorrow between 4β6 PM.
$5,000 EMD due no later than tomorrow.
Close date set for August 25th
π² (925) 551-1193