🏑 4-UNIT MULTI FAMILY πŸ“ SPRINGFIELD OHIO βš’οΈ COSMETIC REPAIRS

Clark County, Springfield, OH, 45505
Sold
Listed at: September 8th, 2022
Price
$165,000
ARV
$252,000
Gross Margin
$87,000
Sq. Footage
4394
Type
Attached
Parking
Assigned
Year build
1900
Lot size
0.25 acres
Bedrooms
8
Bathrooms
4
Half Bathrooms
0
Summary

πŸ“ˆ HUGE PASSIVE INCOME POTENTIAL πŸ“ˆ


  • 4 UNITS! MAIN BUILDING: 3 UNITS + ONE CARRIAGE HOUSE UNIT!
  • 8 Bedrooms
  • 4 Bathrooms
  • 4,394 SqFt
  • 0.25 Acre Lot
  • Roof Partially Repaired LAST YEAR!
  • High Ceilings!
  • Property taxes last year were $1,863
  • Springfield City School District


πŸ”¨Medium Rehab Recommended for MAXIMUM RETURNSπŸ”¨


πŸ”·PURCHASE PRICE - $165,000

πŸ”·AFTER REPAIR VALUE - $252,000

πŸ”·REPAIRS NEEDED - MEDIUM



πŸͺ™ CURRENT/POTENTIAL RENTS PER UNIT πŸͺ™


Unit 1: Currently $600/mo., Up to $850/mo. After Repairs! (3 Bed / 1 Bath)

Unit 2: Currently $550/mo., Up to $700/mo. After Repairs! (2 Bed / 1Bath)

Unit 3: Currently $350/mo., Up to $600/mo. After Repairs! (1 Bed / 1Bath)

Unit 4 (Carriage House): Currently $500/mo., Up to $700/mo. After Repairs! (2 Bed / 1Bath)

TOTAL RENT: $2,000/mo., Potential for $2,800/mo. After Repairs!


πŸ“ˆ POTENTIAL FOR $33,600 YEARLY RENTAL INCOME πŸ“ˆ


Don’t miss out on this killer opportunity.

Perfect for a quick rehab to rental or reno and flip!

Reach out today to lock this deal down!


πŸ“ž Call Max or shoot him a πŸ“² text for more info on this KILLER DEAL!! (614 - 633 - 4446)


P.S. You can click the πŸ† WIN IT NOW πŸ† button and avoid the chance of a bidding war and πŸ” lock this one down right now πŸ’₯



Disclaimer:

This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.


*All properties presented here are under an assignment agreement with the seller. All information provided on this property or through assignor is strictly confidential, unauthorized sharing with outside parties will result in litigation. Inquiries must be made through the number provided. Assignor reserves the right to assign or hold properties at their own discretion.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Lela Midgley

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Disposition manager