Listed By
Agency Name: Red 1 Realty
Agency Phone: (614) 585-9020
Shown By
Agency Title: Cutler Real Estate
Agency Phone:
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Property Description
Cash-flowing 4,000+ sqft duplex with oversized units and strong in-place income!**$5,000.00 CLOSING CREDIT**This fully occupied duplex generates $1,500/month per unit ($3,000/month) with long-term tenants in place who wish to remain, offering immediate and stable cash flow from day one.Unit 1501 - 3 beds/1 bathUnit 202 - 4 beds/1.5 bathsEach unit features approximately 2,000 square feet of living space (to seller's best knowledge), significantly larger than typical duplex units, making this a highly desirable rental option in the Springfield market. The property also includes a spacious parking area accommodating 8 vehicles, adding convenience for tenants and long-term rental appeal.Tenants are currently on month-to-month arrangements, providing flexibility for new ownership while maintaining proven rental history (per seller). Property is in functional condition and positioned as a strong investment opportunity with stability.Ideal for investors seeking:Strong cash flowLarge unit layoutsStable occupancyOpportunity to formalize leases and optimize operations
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central
Days on Market: 1
Heating: Forced Air
Lot Size: 0.17 Acres
Taxes: $2,600
Year Built: 1901
Feature Descriptions
Basement Features: Unfinished
Exterior: Vinyl
Garage Features: 4 or More
Lot Dimensions: 50x150
Local Schools
School District: Springfield
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Estimated Payment
$ 1,459.22 per month $1,175.61 Principal & Interest $216.67 Property Tax $66.94 Homeowner's InsuranceChange Payment Information
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1501 E High Street | MLS# 966385
This multi-family property located at 1501 E High Street, Springfield, OH 45505 is currently listed for sale with an asking price of $229,500. E High Street is located within the Springfield school district. Search Springfield real estate on www.cutlerhomes.com today.