$272,000
Calculate Payment
Calculate Payment
907 S Limestone Street Springfield, OH 45505
Other
Residence
8
Beds
4
Baths
...
Bed/Bath
4,970
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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. Th...e property consists of four units, all of which are currently leased on 1-year terms ranging from $1350-1400/month. 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, Lee's Famous Recipe Chicken, Family Dollar, Kroger, and CVS are within a 5-minute drive, as are major bus lines and parks including Veterans Park and Davey Moore Park. With steady rental demand and room to optimize expenses, this multifamily is ideal for investors seeking consistent yield and value-add potential. Schedule your showing today and don’t miss the chance to add a high-performing 4-unit to your portfolio.
Continue reading
MLS#
948092
Property Type
Other
Bedrooms
8
Bathrooms
4 Full
Year Built
1893
Square Feet
4,970
sq. ft
Lot Size
0.29
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.