1828-1830 Fountain AVE SPRINGFIELD OH 45506

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1828-1830 Fountain AVE

SPRINGFIELD, OH 45506

Suburb: Springfield

$125,000

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New Listing

Great investment opportunity already generating income with long term tenants and remodeled. Curbside offers only! 1830 is the downstairs unit. 2 bed 1 bath. Remodeled in 2022. Renting currently month to month at $850. 1828 is the 1 bed 1 bath. It is rented for $650/month. Rented month to month.

Directions

S Limestone to E John St to S Fountain

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Property Details

General Information

Property Type	Multi-Family
Style	Duplex/Double
Suburb	Springfield
Zip Code	45506
School District	Springfield
MLS#	920830

Additional Information

Construction	Aluminum, Brick
Lot Dimensions	47x158
Total Acres	0.171
Occupancy	Tenant
Semi-Annual Taxes	$506.79

Property Features

Basement	Full
Garage	None
Cars	0
Heating	Forced Air
Cooling	Window Unit, None

Additional Features

Multi-Family Information

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

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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