407 Washington ST SPRINGFIELD OH
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*
Directions to 407 Washington ST SPRINGFIELD OH 45506: S PLUM ST TO W WASHINGTON
Additional Details For 407 Washington ST SPRINGFIELD OH 45506
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Coldwell Banker Heritage
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