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Listing Details
- $272,000
- MLS# 948092
- Type Multi Unit - Multiple
- Status Active
Local Information
Listed By
Agency Name: Keller Williams Community Part
Agency Phone: (937) 530-4904
Shown By
Agency Title: Irongate Inc., Realtors
Agency Phone: 937-426-0800
Home Value Estimate
Description
Excellent investment opportunity in the heart of Springfield’s South Limestone corridor! This four-family property generates a strong net income of $30,064.90 annually (excluding debt service and capital improvements), offering investors immediate cash flow in a historically stable rental market. The property consists of four units, all of which are currently leased on 1-year terms ranging from $1350-1400/month. Recent capital improvements include updated flooring and four brand-new HVAC systems, providing modern comfort and reducing future maintenance costs. The owner currently pays all utilities, streamlining tenant management. Located...read more
Features
- Central
- Heat Pump
- $2,906 Taxes
- Built in 1893
Gallery
Listed By
Agency Name: Keller Williams Community Part
Agency Phone: (937) 530-4904
Shown By
Agency Title: Irongate Inc., Realtors
Agency Phone: 937-426-0800
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