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901 Oak ST SPRINGFIELD OH

MLS #715296     Multi-Family - 2-4 Units
$23,900 Listing Price
Excellent investment opportunity in this fully occupied, cash flowing up and down double! Income is $500 and $375 from the up and down units which is a cap rate of 31.2% (assuming 25% expense ratio). This means the property will generate $875/mth and pay for itself in just over 3 years. Downstairs was remodeled in 2016 and is in great shape. Electric water heaters are newer. 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 **

Directions to

: S LIMESTONE TO EAST ON SELMA TO NORTH ON OAK

Additional Details For

Price$23,900
Total UnitsMulti-Family
Efficiency Units50x138
Total Acres0.16
Suburb:Springfield (CLARK)
School District:Springfield
BasementPartial, Unfinished
Lot Dimensions50x138
HeatingForced Air, Natural Gas
CoolingCentral
Semi-Annual Taxes$270.00
Schedule a showing Schedule a showing
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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.
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