6 Beds
3 Baths
3,242 SqFt
6 Beds
3 Baths
3,242 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,242 sqft
Price per Sqft $41
Subdivision Arthur Cole
MLS Listing ID 1047879
Bedrooms 6
Full Baths 3
Year Built 1890
Tax Year 2025
Lot Size 871 Sqft
Lot Dimensions 0.02
Source Western Regional Information Systems & Technology (WRIST)
Property Description
Major capital items have already been addressed, including a brand-new roof, two high-efficiency furnaces, vinyl windows throughout, separate 100-amp electrical service for each unit, and separately metered gas and electric. Exterior improvements include fresh paint and repairs to the aluminum siding. Both units offer tall ceilings, spacious rooms, covered front porches and backyard access. With no tenants above or below, the side-by-side layout provides added privacy.
Estimated market rents are $1,250 for the 4-bedroom, 2-bath unit and $1,150 for the renovated 3-bedroom, 1-bath unit, creating potential gross income of $28,800 annually. Owner pays water; occupants pay separately metered gas and electric. An excellent opportunity for an investor seeking a substantially improved rental or an owner-occupant looking to offset the mortgage with income from the adjoining unit. Conveniently located near South Limestone Street, downtown Springfield and I-70.
Location
State OH
County Clark
Community Arthur Cole
Area 0.02
Zoning Residential
Direction From i70 , get on State Route 4 to W North St. Turn right onto S Limestone. Turn left onto E Southern Ave.
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Heat Source Forced Air, Natural Gas
Exterior
Exterior Feature Vinyl Siding
Parking Features No Garage
Building
Lot Description Residential Lot
Sewer Public Sewer
Water Supplied Water
Schools
High Schools 1206 Springfield Csd
School District 1206 Springfield Csd
Others
Tax ID 3400700034420007
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/wrist/1047879