1501 E High Street, Springfield, OH 45505

$229,500
7
BD
3
BA
4,058
SqFt

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List Price
$229,500
MLS#
966385
Status
ACTIVE
City
Springfield
Bedrooms
7
Full Bathrooms
2
Half Bathrooms
1
Year Built
1901
Living Area
4,058
Subdivision
Brain

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

Additional Information

Acres
0.17
Lot Size
7,500
Living Area
4,058
Basement Desc
Unfinished
Garage Desc
Four or more Spaces, Garage
Cooling
Central Air
Heating
Forced Air
School District
Springfield
Zoning
Residential

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Kelvin Hernandez and Red 1 Realty

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