1787-1789 Fountain AveSpringfield, OH 45506

For Sale
$215,000

Turnkey Duplex, High Rental Income, Fully Furnished

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Springfield, Ohio investment opportunity presents a beautifully renovated, fully furnished duplex located at 1787-1789 S Fountain Avenue. Built in 1925, this 3,088 square foot property sits on a 7,405.2 square foot lot and boasts two spacious units, each featuring two bedrooms, one full bathroom, and two half bathrooms. Each unit is currently rented for $1,400 per month, generating a combined monthly income of $2,800. Tenants are responsible for all utilities (water, gas, electric, and trash). Recent renovations include new flooring, cabinetry, kitchen appliances, breaker boxes, drain lines, and fresh interior and exterior paint. Both units offer added convenience with in-unit laundry rooms, and ample storage space is available in the basement and attic. The asking price is $215,000, representing a price per square foot of $69.62. This turnkey property offers a strong return on investment with its high rental income and minimal maintenance needs. The property's location in Springfield, Ohio, provides easy access to local amenities and transportation. This is a rare opportunity to acquire a well-maintained, high-income-producing multifamily property in a desirable location.

Highlights

  • Beautifully renovated, fully furnished duplex in Springfield, Ohio.
  • 3,088 sq ft on a 7,405.2 sq ft lot, built in 1925.
  • Two spacious 2 bed/1 bath + 2 half bath units, each renting for $1,400/month ($2,800 total monthly income).
  • Recent renovations include new flooring, cabinetry, appliances, electrical, plumbing, and paint.
  • In-unit laundry, basement & attic storage; tenants pay all utilities.
  • Asking price: $215,000 ($69.62/sq ft).

Property Details for 1787-1789 Fountain Ave

Property type
Multifamily properties, Apartment buildings
Year Built
1925
Units
2

Location Insight

City
Springfield
County
Clark
State
Ohio
Latitude
39.9040489
Longitude
-83.8123899
1787-1789 Fountain Ave, Springfield, Ohio

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1787-1789 Fountain Ave
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