Excellent investment opportunity in this fully occupied, cash flowing up and down double! Income is $500 and $350 from the up and down units which is a cap rate of 31.2% (assuming 25% expense ratio). This means the property will pay for itself in just over 3 years. Downstairs unit was just remodeled in 2016 and is in great shape. Water heaters are newer and are electric. Electric panels are updated 100 AMP service. We are showing the property to all pre-approved buyer and those that have a proof of funds to prevent the tenants from being disturbed excessively. Also potential to occupy entire property as a single family home as a 4bd/2ba home, in case you have grown children, elderly parents, or just want to have your mortgage paid for and live rent/mortgage free. **Package opt with 407/407.5 W Mulberry Springfield OH **
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COLDWELL BANKER HERITAGE ROEDIGER
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This 3 bedroom, 2 bathroom Multi-Family home
for sale in Springfield, OH
is currently listed for $15,000.
Featuring a lot size of 6,970 Sq. Ft.,
901 Oak Street
was built in 1880 and
has been on BHGREhomes.com for 236 days.
This listing is provided courtesy of COLDWELL BANKER HERITAGE ROEDIGER.
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Data last updated: Tuesday, February 21, 2017 at 10:07 AM. Properties in listings may have been sold or may no longer be available.