1501 E High Street, Springfield, OH 45505

$229,500

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List Price
$229,500
Price Change
▼ $10,000 1785394190
Year Built
1901
MLS#
226012601
Status
ACTIVE
Acres
0.17

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

Heating
Forced Air
School District
Springfield Csd 1206 Cla Co.
Tax Year
2025
Yearly Taxes
2468

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

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