3711 3715 Roosevelt Blvd Middletown OH 45044

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3711 3715 Roosevelt Blvd

Middletown, OH 45044

Suburb: Middletown - South

$2,200,000

0bd

0 - 0ba

23,202sqft

Active

Great opportunity to own a 24unit apartment complex. Currently use is student residence. Separate gas, electric & water meters. 4- (3bed/2bath) units, 19- (3bed/1bath) units & 1 (2bed/1bath) unit. 39 parking spaces & handi-cap accessible ramps

Directions

I75 to SR 122 W (turns into Roosevelt Blvd), turn right into parking lot

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Property Details

General Information

Property Type	Commercial
Style	Commercial
Suburb	Middletown - South
County	Butler
Zip Code	45044
MLS#	1822087

Additional Information

No. of Buildings	1
Property SqFt.	23,202
Levels	3 Story
Zoning	Commercial
Best For	Multi Tenant
New Construction	No
Lease Only	No
Price/Sq. Ft.	0
Gross Income
Semi-Annual Taxes

Property Features

Construction	Brick, Vinyl
Lot Dimensions	irregular
Total Acres	1
Gas	Natural
Water	Public
Sewer	Public
Foundation	Poured

Additional Features

Basement	None
Parking	Private
Heating	Gas
Cooling	Central Air
Access Road	Public

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

The term (duration) of the loan is expressed as a number of months.

60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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