2411 Christel AVE MIDDLETOWN OH 45044

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2411 Christel AVE

MIDDLETOWN, OH 45044

Suburb: Middletown

$170,000

2,248sqft

Under Contract

Updated Duplex for Sale! 2411 Christel Ave Features a 2 Bedroom/2 Bath Unit and a 2 Bed/1 Bath Unit, both renovated, with a detached parking garage and driveway parking. Currently at 50% Occupancy, and earning $900 per month from the occupied unit and tenant pays their own utilities. All utilities are separate. This home features a full rehab, new roof, new windows and new siding, making it perfectly turn key and ready for you or your tenant! Slide this one into your portfolio's DM's today!

Directions

From I-75 S, take exit 32 toward OH-122 W, turn R onto OH-122 W, keep R to continue on Grand Ave, turn R onto Stanley St, and Left onto Christel Ave.

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Property Details

General Information

Property Type	Multi-Family
Style	2-4 Units
Suburb	Middletown
Zip Code	45044
School District	Middletown
MLS#	919870

Additional Information

Construction	Frame, Wood
Lot Dimensions	Of Record
Total Acres	0.13
Occupancy	At Closing, Negotiated
Semi-Annual Taxes

Property Features

Property SqFt.	2,248
Basement	Finished, Full
Garage	2 Car
Cars	0
Heating	Baseboard, Forced Air
Cooling	Central, Window Unit

Additional Features

Multi-Family Information

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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.

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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 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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