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$209,900
Est. payment /mo
7,405 Sqft Lot
Pending
1317 Clifton Avenue Springfield, OH 45505
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Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 226011292
Year Built 1923
Annual Tax Amount $1,187
Lot Size 7,405 Sqft
Lot Dimensions 0.17
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Turnkey investment opportunity at 1317-1319 Clifton Avenue in Springfield! This well-maintained four-unit multifamily property is already generating income with additional upside potential. Two units are currently occupied, while two units are vacant, offering flexibility for a variety of ownership strategies. The property features a new roof and a newly built back porch, along with significant interior updates in three of the four units, including new flooring, fresh paint, updated fixtures, newer windows, renovated kitchens and baths, and some updated electrical. Unit mix includes two 2-bedroom, 1-bath units; one flexible unit with 1-2 potential bedrooms (no closet); and one 1-bedroom, 1-bath unit. The 1-bedroom, 1-bath unit is currently occupied on a month-to-month lease at $780/month. One of the 2-bedroom, 1-bath units is also occupied with a lease in place through June 1st, after which tenancy is expected to continue on a month-to-month basis, presenting an opportunity for future rental adjustments. Whether you're expanding your portfolio or entering the rental market, this property presents a strong opportunity with immediate cash flow and room for increased returns.
Location
State OH
County Clark
Area 0.17
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Springfield Csd 1206 Cla Co.
School District Springfield Csd 1206 Cla Co.
Others
Tax ID 3400700033200025
Listed by Arthur A Solomon Coldwell Banker Heritage
NEARBY SCHOOLS & PROPERTIES

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