Excellent investment opportunity in the heart of Springfield’s South Limestone corridor! This four-family property generates a strong net income of $30,064.90 annually (excluding debt service and capital improvements), offering investors immediate cash flow in a historically stable rental market. The property consists of four units, with Unit 913 currently vacant and available for viewing, ideal for owner-occupants or easy lease-up. Recent capital improvements include updated flooring and four brand-new HVAC systems, providing modern comfort and reducing future maintenance costs. The owner currently pays all utilities, streamlining tenant management. Located just minutes from downtown Springfield, the property is surrounded by key amenities: School of Innovation, Global Impact STEM Academy, Wittenberg University and Clark State College are all nearby, making the location attractive for student and workforce renters. Dining and retail options such as Los Mariachis Mexican Restaurant,
| Price | : | $245,000 |
| Status | : | Active |
| Property Type | : | Multi-Family |
| Room Count | : |
| State | : | OH |
| City | : | Springfield |
| Area | : | 4970 sqft |
| Build Year | : | 1893 |
| Heatingand Fuel | : | Heat Pump |
| Cooling | : | Central |
| MLS# | : | 948092 |
| Lot Size Sq_Ft | : | 12600 |
| Garage Carport | : | None |