1501 E High St

Springfield OH 45505

4058 sq. ft.

7500 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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 bath Unit 202 - 4 beds/1.5 baths Each 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 flow Large unit layouts Stable occupancy Opportunity to formalize leases and optimize operations

Features

7 bedrooms

3 bathrooms

4 carspaces

4 garage spaces

4058 sq. ft. floor area

7500 sq. ft. lot size

Multi-Family

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Local market activity for 7 bedroom multi families in Springfield

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Kelvin Hernandez

at Red 1 Realty

View listing

Sales:: (619) 566-0008

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