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1567 Karr Street, Springfield, OH 45503

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For Sale

$209,000

1,553 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $134.58
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Prime investment opportunity: Fully occupied turnkey triplex, with great tenants! perfect for new investors or portfolio expansion. Boasts an impressive 9.88% capitalization rate ensuring a lucrative and hassle-free investment . Two units were completely renovated, with added washer and dryer. Unit breakdown: Unit 1: Currently rents at $500 with substantial potential for upside and rent increase. Unit 2: A fully renovated 1BR & 1Bath, currently rented at $800. Unit 3: Another fully renovated 1BR & 1Bath, commanding a rent of $750.Key features include a relatively new roof (5-6 years old), recently installed gutters, and new water heaters. The property is furnace-free, minimizing maintenance concerns. Very low overhead, Owner bears only water and trash. Do not miss this opportunity.
MLS# 224001196

Courtesy Of Barnett Real Estate LLC

(614) 545-3500

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Heating Fuel
    Electric
  • Lot Size
    0.27 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 1567 Karr Street, Springfield, OH 45503

Home seller CENTURY 21 The Gene Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 The Gene Group

(937) 203-8180
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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