Active
  • $189,000

    400 S Arlington Ave, Springfield, OH 45505

    4beds
    2,344sqft
    : 
    Duplex
    Built in 1910
    -- sqft lot
    $174,100 Zestimate®
    $81/sqft
    $-- HOA

    What's special

    Laundry hookupsClassic architectural charmOriginal hardwood floorsFresh paintUpdated appliancesShared large side yardNewer refrigerator
    12% Cap Rate!Add this updated, well-maintained duplex to your investment portfolio—or enjoy the benefits of owner-occupied living while your tenant helps pay the mortgage. This solid income-producing property generates $2,400 per month in rent. Unit 400: $1200 10 months left on lease Unit 402: $1200 — Month-to-month Each unit has updated electric panels, furnaces, and water heaters. Unit 400 has fresh paint, new lighting, updated appliances, and a new dedicated outlet for the bedroom AC. Unit 402 has been updated within the last 18 months, including a newer refrigerator and stove. Both units feature original hardwood floors, classic architectural charm, and a welcoming covered porch perfect for enjoying the outdoor. First Floor: Living room, dining room, kitchen, sunroom ideal for office space Second Floor: 2 large bedrooms and 1 full bath Basement: Laundry hookups and private storage areas Garage: Each tenant receives one side for storage Exterior: Shared large side yard Operating expenses are modest: Water: Averages less$100/month Lawn care: $40 per cut Tenants pay their own electricity, gas, and trash. This is a turn-key duplex with strong cash flow, low expenses, and steady tenant history—an ideal addition to any rental portfolio. Owner/Agent
    42 days
    |
    264
    |
    11
    |
    • Loading
    • Loading