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1501 E High Street Springfield, OH 45505
7 Beds
2.5 Baths
4,058 SqFt
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Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,058 sqft
Price per Sqft $56
MLS Listing ID 966385
Bedrooms 7
Full Baths 2
Half Baths 1
Year Built 1901
Annual Tax Amount $2,600
Lot Size 7,501 Sqft
Lot Dimensions 50x150
Property Sub-Type 2-4 Units
Property Description
Cash-flowing 4,000+ sqft duplex with oversized units and strong in-place income!
**$5,000.00 CLOSING CREDIT**
This fully occupied duplex generates $1,500/month per unit ($3,000/month) 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
**$5,000.00 CLOSING CREDIT**
This fully occupied duplex generates $1,500/month per unit ($3,000/month) 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
Location
State OH
County Clark
Zoning Residential
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central
Exterior
Parking Features 4 or More
Building
Structure Type Vinyl
Schools
School District Springfield
Listed by Red 1 Realty