1501 E High Street, Springfield, OH 45505

$239,500

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List Price
$239,500
Status
ACTIVE
Days on Market
102
Price Change
▼ $4,400 1780354031
MLS#
226012601
Subtype
Multi-Family
Year Built
1901
Lot Size
7,405
Acres
0.17

Property Description

Cash-flowing 4,000+ sqft duplex with oversized units and strong in-place income! This fully occupied duplex generates $1,500/month per unit with long-term tenants in place who wish to remain, offering immediate and stable cash flow from day one. Unit 1501 - 3 beds/1 bath Unit 202 - 4 beds/1.5 baths Each unit features approximately 2,000 square feet of living space (to seller's best knowledge), significantly larger than typical duplex units, making this a highly desirable rental option in the Springfield market. The property also includes a spacious parking area accommodating 8 vehicles, adding convenience for tenants and long-term rental appeal. Tenants are currently on month-to-month arrangements, providing flexibility for new ownership while maintaining proven rental history (per seller). Property is in functional condition and positioned as a strong investment opportunity with stability. Ideal for investors seeking: Strong cash flow Large unit layouts Stable occupancy Opportunity to formalize leases and optimize operations

Additional Information

Heating
Forced Air
School District
Springfield Csd 1206 Cla Co.

Listing Courtesy of : Kelvin Hernandez ---- Red 1 Realty

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