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407 Washington ST SPRINGFIELD OH

MLS #715374     Multi-Family - 2-4 Units
$29,900 Listing Price
Excellent investment opportunity a rock throw from Downtown Springfield! Tucked away on a tree lined, quiet street with no neighbors to either the left or right you will discover this cash flowing up and down double. Income is $800 per month from both units. Tenant downstairs is section 8 (guaranteed money) and the tenant upstairs is week to week. Great CAP RATE of 21.7% (assuming 25% expense ratio) which means you can have this investment pay for itself in less than 5 years. Updates include electric, windows and more. We are showing the property to all pre-approved buyers that have proof of funds. 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. **Package opt 901-905 Oak, Springfield OH 45505*

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Total UnitsMulti-Family
Efficiency Units50X158
Total Acres0.18
Suburb:Springfield (CLARK)
School District:Springfield
BasementPartial, Unfinished
Lot Dimensions50X158
HeatingForced Air, Natural Gas
Semi-Annual Taxes$258.00
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Coldwell Banker Heritage
Arthur Solomon
Office: 937-322-0352
Phone: 937-322-0352
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors®. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.