420-422 Mulberry ST TROY OH 45373

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420-422 Mulberry ST

TROY, OH 45373

Suburb: Troy

$170,000

2,067sqft

Under Contract

Great investment opportunity on this spacious duplex. The property sits within walking distance to downtown Troy where you can enjoy all of the great amenities that the Troy Square has to offer. Each unit consists of 2 bedrooms and 1 bath. Rents are unit 420-$625 and unit 422 $650. Tenants pay gas and electric. Long term tenants. Property is being sold as is and is priced accordingly. Updates include new roof with complete tear off including all new sheeting 2023 and new furnaces 2023.

Directions

S. Market to S. Mulberry

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Property Details

General Information

Property Type	Multi-Family
Style	2-4 Units
Suburb	Troy
Zip Code	45373
School District	Troy City SD
MLS#	919693

Additional Information

Construction	Aluminum, Frame
Lot Dimensions	Irregular
Total Acres	0.14
Occupancy	Tenant
Semi-Annual Taxes	$943.00

Property Features

Property SqFt.	2,067
Basement	Cellar
Garage	None
Cars	0
Heating	Forced Air, Natural Gas
Cooling	Window Unit

Additional Features

Multi-Family Information

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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.

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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 Dayton Area Board of Realtors®. 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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